1 00:00:00,080 --> 00:00:01,599 Speaker 1: Hey guys, Saga and Crystal here. 2 00:00:01,680 --> 00:00:04,760 Speaker 2: Independent media just played a truly massive role in this 3 00:00:04,880 --> 00:00:07,760 Speaker 2: election and we are so excited about what that means 4 00:00:07,760 --> 00:00:08,720 Speaker 2: for the future of the show. 5 00:00:08,880 --> 00:00:10,760 Speaker 1: This is the only place where you can find honest 6 00:00:10,760 --> 00:00:13,239 Speaker 1: perspectives from the left and the right that simply does 7 00:00:13,320 --> 00:00:14,680 Speaker 1: not exist anywhere else. 8 00:00:14,760 --> 00:00:17,080 Speaker 2: So if that is something that's important to you, please 9 00:00:17,120 --> 00:00:19,599 Speaker 2: go to Breakingpoints dot com. Become a member today and 10 00:00:19,640 --> 00:00:22,800 Speaker 2: you'll get access to our full shows, unedited, ad free 11 00:00:22,800 --> 00:00:25,600 Speaker 2: and all put together for you every morning in your inbox. 12 00:00:25,680 --> 00:00:27,560 Speaker 1: We need your help to build the future of independent 13 00:00:27,560 --> 00:00:29,920 Speaker 1: news media and we hope to see you at Breakingpoints 14 00:00:29,960 --> 00:00:36,200 Speaker 1: dot com. Good morning, everybody, Happy Thursday. Have an amazing 15 00:00:36,200 --> 00:00:37,800 Speaker 1: show for everybody today. What do we have, Crystal? 16 00:00:37,920 --> 00:00:40,559 Speaker 2: Indeed, we do many big stories as per usual. So 17 00:00:40,680 --> 00:00:44,720 Speaker 2: recession fears continue to mount. After some comments from the 18 00:00:44,880 --> 00:00:48,640 Speaker 2: Fed Shair Jerome Pal yesterday, a significant Tesla investor is 19 00:00:48,680 --> 00:00:51,960 Speaker 2: now calling for Elon to step down as CEO. So 20 00:00:52,120 --> 00:00:55,240 Speaker 2: a lot that's interesting going on there with Tesla ground 21 00:00:55,320 --> 00:00:58,959 Speaker 2: invasion officially begins in Gaza. We'll take a look at 22 00:00:58,960 --> 00:01:01,279 Speaker 2: what is going on there and the US response. We've 23 00:01:01,320 --> 00:01:03,400 Speaker 2: got a bunch of updates on the various court battles 24 00:01:03,400 --> 00:01:06,280 Speaker 2: that are playing out, including how Elon is now giving 25 00:01:06,360 --> 00:01:09,840 Speaker 2: money to Republicans who back his calls to impeach Judges. 26 00:01:10,560 --> 00:01:14,119 Speaker 2: Some new data is revealing the details of how exactly 27 00:01:14,280 --> 00:01:18,040 Speaker 2: Democrats lost, and some really stunning information there to parse through. 28 00:01:18,360 --> 00:01:20,280 Speaker 2: I'm taking a look at how Trump is punishing the 29 00:01:20,319 --> 00:01:22,240 Speaker 2: state of Maine and what it could mean for you 30 00:01:22,400 --> 00:01:25,800 Speaker 2: specifically in this new era. And we are officially entering 31 00:01:25,920 --> 00:01:29,400 Speaker 2: abundance discourse. Derek Thompson is going to join us for 32 00:01:29,440 --> 00:01:32,759 Speaker 2: an interview about his new book and the political theory 33 00:01:32,760 --> 00:01:33,240 Speaker 2: that he is. 34 00:01:33,200 --> 00:01:34,280 Speaker 3: Sharing here with Ezra Klin. 35 00:01:34,360 --> 00:01:36,600 Speaker 1: Yeah, I'm excited to talk to him. This book taking 36 00:01:36,760 --> 00:01:39,039 Speaker 1: there's a lot of discourse around it. If you're not 37 00:01:39,040 --> 00:01:41,360 Speaker 1: aware of that discourse, God bless you, you know you're 38 00:01:41,400 --> 00:01:43,680 Speaker 1: actually you're doing the right thing staying out. 39 00:01:44,200 --> 00:01:45,080 Speaker 3: That's for you to be aware of. 40 00:01:45,120 --> 00:01:47,200 Speaker 1: That's for the nerds like us. You can enter in 41 00:01:47,280 --> 00:01:49,720 Speaker 1: just a little bit and that can be your own introduction. 42 00:01:49,840 --> 00:01:52,080 Speaker 1: But like Crystal said, let's go ahead and get to 43 00:01:52,360 --> 00:01:55,720 Speaker 1: the recession watch. So there have been some very interesting 44 00:01:55,760 --> 00:01:59,240 Speaker 1: comments here from the Federal Reserve Chairman Jerome Powell about 45 00:01:59,240 --> 00:02:02,840 Speaker 1: the possibility of recessions some worrying data. Let's take a listen. 46 00:02:03,040 --> 00:02:08,120 Speaker 4: There's always an unconditional probability possibility of a recession. It 47 00:02:08,200 --> 00:02:10,560 Speaker 4: might be broadly in the range of one in four 48 00:02:10,919 --> 00:02:13,520 Speaker 4: at any time. If you look back through the years, 49 00:02:13,880 --> 00:02:15,959 Speaker 4: it could be within twelve months one and four chance 50 00:02:16,000 --> 00:02:19,400 Speaker 4: of a recession. So the question is whether that whether 51 00:02:19,600 --> 00:02:25,679 Speaker 4: this current situation, those possibilities are elevated. I will say this, don't. 52 00:02:25,680 --> 00:02:27,520 Speaker 4: We don't make such a forecast. If you look at 53 00:02:27,560 --> 00:02:31,480 Speaker 4: outside forecasts, forecasters have generally raised. Number of them have 54 00:02:31,600 --> 00:02:37,440 Speaker 4: raised their possibility of a recession somewhat, but still at 55 00:02:37,480 --> 00:02:40,040 Speaker 4: relatively moderate levels, you know, still in the region of 56 00:02:40,480 --> 00:02:42,560 Speaker 4: the traditional because they were extremely low. If you go 57 00:02:42,639 --> 00:02:45,880 Speaker 4: back two months, people were saying that the likelihood of 58 00:02:45,880 --> 00:02:48,520 Speaker 4: a recession was extremely low. So has moved up, but 59 00:02:48,560 --> 00:02:51,480 Speaker 4: it's not high. So let me say that it is 60 00:02:53,040 --> 00:02:56,000 Speaker 4: going to be very difficult to have a precise assessment 61 00:02:56,240 --> 00:02:58,680 Speaker 4: of how much of inflation is coming from tariffs and 62 00:02:58,720 --> 00:03:01,679 Speaker 4: from other and that's already the case. You may have 63 00:03:01,800 --> 00:03:05,720 Speaker 4: seen that goods inflation moved up pretty significantly in the 64 00:03:05,760 --> 00:03:08,120 Speaker 4: first two months of the year. Trying to track that 65 00:03:08,360 --> 00:03:12,400 Speaker 4: back to actual tariff increases given what was tariff and 66 00:03:12,400 --> 00:03:14,960 Speaker 4: what was not very very challenging, so some of it, 67 00:03:15,240 --> 00:03:17,600 Speaker 4: the answer is clearly some of it A good part 68 00:03:17,639 --> 00:03:17,880 Speaker 4: of it. 69 00:03:18,360 --> 00:03:20,640 Speaker 1: So that was Federal Reserve Chairman. He's trying to tamp 70 00:03:20,680 --> 00:03:23,960 Speaker 1: down any talk of recession, but he is saying that 71 00:03:24,000 --> 00:03:27,040 Speaker 1: it is going up higher. Also talking there about inflation, key, 72 00:03:27,120 --> 00:03:30,600 Speaker 1: because of course Federal Reserve policy is deeply tied to inflation. 73 00:03:30,760 --> 00:03:33,120 Speaker 1: This comes on the heels of major announcement from the 74 00:03:33,120 --> 00:03:36,760 Speaker 1: Trump administration, the ready ing of the biggest tariff regime. 75 00:03:36,800 --> 00:03:36,920 Speaker 5: Now. 76 00:03:37,000 --> 00:03:39,040 Speaker 1: Yet let's put it up there on the screen from 77 00:03:39,120 --> 00:03:42,120 Speaker 1: Jeff Stein. Trump aids are prepping new tariffs on imports 78 00:03:42,120 --> 00:03:45,560 Speaker 1: worth trillions for quote Liberation Day. So you'll all recall 79 00:03:45,880 --> 00:03:48,560 Speaker 1: this was Donald Trump's promise from the State of the 80 00:03:48,680 --> 00:03:52,960 Speaker 1: Union he will be doing reciprocal tariffs quote, but just 81 00:03:53,520 --> 00:03:55,800 Speaker 1: quote from him was that it will be Liberation Day. 82 00:03:55,840 --> 00:03:58,160 Speaker 1: He's doing it April second and not April first, because 83 00:03:58,160 --> 00:04:00,640 Speaker 1: he doesn't want anyone to think that it's in April. Ruld's joke. 84 00:04:01,200 --> 00:04:04,520 Speaker 1: The question is what exactly this is going to look like, 85 00:04:04,560 --> 00:04:08,880 Speaker 1: and it's in implementation. It's genuinely all matters. So the 86 00:04:08,920 --> 00:04:10,920 Speaker 1: idea behind it it actually, I think is when I 87 00:04:10,920 --> 00:04:13,400 Speaker 1: could get behind. The idea behind it is we will 88 00:04:13,480 --> 00:04:16,839 Speaker 1: charge anyone a tariff that they charge for us. But 89 00:04:16,920 --> 00:04:20,960 Speaker 1: the question is about, like with the USMCA and the automakers, 90 00:04:21,400 --> 00:04:24,440 Speaker 1: is how much of a tariff and how many times? 91 00:04:24,520 --> 00:04:26,280 Speaker 1: Because part of the problem is we live in a 92 00:04:26,360 --> 00:04:30,600 Speaker 1: hyper globalized economy where parts will often move across our 93 00:04:30,640 --> 00:04:33,720 Speaker 1: border some fifteen to twenty times before it will end 94 00:04:33,800 --> 00:04:36,520 Speaker 1: up in a finished vehicle. Is it like the whole 95 00:04:36,600 --> 00:04:40,000 Speaker 1: assembly will be subject to the tariff or will it 96 00:04:40,040 --> 00:04:43,480 Speaker 1: be one that is applied every single time. There's also, 97 00:04:43,560 --> 00:04:46,160 Speaker 1: I mean, there's bigger questions here where even if in 98 00:04:46,160 --> 00:04:49,760 Speaker 1: principle you could support reciprocal tariff, there are some tariffs 99 00:04:49,760 --> 00:04:53,560 Speaker 1: where reciprocity is eaten on the back end, so like 100 00:04:53,600 --> 00:04:55,560 Speaker 1: for a car, for example, but we'll still have a 101 00:04:55,600 --> 00:04:58,040 Speaker 1: trade start plus in another good. The idea is to 102 00:04:58,080 --> 00:05:02,320 Speaker 1: try and equalize everything. He but the implementation of it 103 00:05:02,360 --> 00:05:05,040 Speaker 1: is just almost certainly going to lead to a lot 104 00:05:05,080 --> 00:05:07,680 Speaker 1: of tariffs. And that's just one where it comes on 105 00:05:07,720 --> 00:05:10,880 Speaker 1: the heels of a story from the Trump administration so far, 106 00:05:11,240 --> 00:05:14,120 Speaker 1: which has been chaotic. This one I do think they 107 00:05:14,120 --> 00:05:16,000 Speaker 1: have a better narrative on their side. Instead of like 108 00:05:16,160 --> 00:05:18,960 Speaker 1: we're bullying Canada to be the fifty first state, We're like, listen, 109 00:05:19,000 --> 00:05:21,440 Speaker 1: we're going to charge everybody what they charge us. But 110 00:05:21,480 --> 00:05:23,560 Speaker 1: as I always say, it has to be charged with 111 00:05:23,600 --> 00:05:26,200 Speaker 1: the paired with the story. It cannot be one where 112 00:05:26,200 --> 00:05:28,120 Speaker 1: people think that it's just going to lead to higher prices. 113 00:05:28,320 --> 00:05:30,200 Speaker 1: We need to see some serious movement. There's been some, 114 00:05:30,279 --> 00:05:33,039 Speaker 1: I mean Nvidia announced yesterday they're going to onshore some stuff. 115 00:05:33,040 --> 00:05:35,640 Speaker 1: But it's not just about you know, talk, You actually 116 00:05:35,680 --> 00:05:37,480 Speaker 1: have to see some action. You really need to have 117 00:05:37,480 --> 00:05:39,240 Speaker 1: a lot of faith in a lot of trust, and 118 00:05:39,480 --> 00:05:41,719 Speaker 1: considering how things have gone now for the first sixty 119 00:05:41,800 --> 00:05:44,400 Speaker 1: seventy days the Trump administration, by the time those go in, 120 00:05:44,760 --> 00:05:46,599 Speaker 1: they are losing a lot of trust with the American 121 00:05:46,600 --> 00:05:47,160 Speaker 1: public right now. 122 00:05:47,200 --> 00:05:49,000 Speaker 2: Yeah, I mean, they've already kind of given tariffs a 123 00:05:49,040 --> 00:05:51,440 Speaker 2: bad name. And so if they had started with like 124 00:05:51,760 --> 00:05:54,279 Speaker 2: we're doing, you know, tip for tat, they have tariffs 125 00:05:54,279 --> 00:05:55,839 Speaker 2: on us, we're going to do the same thing recip 126 00:05:56,200 --> 00:05:59,160 Speaker 2: I do think that that probably narrative would have landed 127 00:05:59,160 --> 00:06:01,560 Speaker 2: better with the American public. But at this point, and 128 00:06:01,600 --> 00:06:04,040 Speaker 2: I find this to be unfortunate because I'm actually worried 129 00:06:04,080 --> 00:06:06,960 Speaker 2: about this, just like killing the good name of tariffs 130 00:06:07,000 --> 00:06:10,600 Speaker 2: for all time, because they are an important tool in 131 00:06:10,720 --> 00:06:14,040 Speaker 2: order to build up, you know, your industrial capacity or 132 00:06:14,080 --> 00:06:17,200 Speaker 2: you know, emphasize key industries, et cetera. So an important 133 00:06:17,240 --> 00:06:19,000 Speaker 2: tool to have in the arsenal, and they've sort of 134 00:06:19,040 --> 00:06:21,880 Speaker 2: poisoned the very word tariffs already in my opinion in 135 00:06:21,920 --> 00:06:24,720 Speaker 2: these early days of the administration. Either way, how we 136 00:06:24,800 --> 00:06:26,880 Speaker 2: feel about them, it is Tosager's point going to be 137 00:06:27,000 --> 00:06:32,520 Speaker 2: a if he follows through etcetera, etcetera, a significant increase 138 00:06:32,760 --> 00:06:35,159 Speaker 2: in the tariff regime. I'm really not sure that Wall 139 00:06:35,160 --> 00:06:37,760 Speaker 2: Street has entirely grappled with this, because I think they've 140 00:06:37,760 --> 00:06:40,760 Speaker 2: always had this sense of, ah, he doesn't really mean it, 141 00:06:40,800 --> 00:06:43,119 Speaker 2: He's going to back off, and they have some reason 142 00:06:43,120 --> 00:06:45,440 Speaker 2: to believe that at this point, since he has gone 143 00:06:45,480 --> 00:06:48,480 Speaker 2: in and backed off partially, et cetera multiple times at 144 00:06:48,480 --> 00:06:52,279 Speaker 2: this point. So there could be you know, a huge 145 00:06:52,400 --> 00:06:56,200 Speaker 2: reaction if he goes forward with quote unquote Liberation Day. 146 00:06:56,279 --> 00:07:00,640 Speaker 2: I'm calling it l day on April second. Another thing 147 00:07:00,680 --> 00:07:03,120 Speaker 2: I was reading about this morning is just in terms 148 00:07:03,160 --> 00:07:06,080 Speaker 2: of the bigger picture, of where we are economically. You know, 149 00:07:06,120 --> 00:07:09,680 Speaker 2: the Trump administration is betting that there is a decent 150 00:07:09,760 --> 00:07:13,360 Speaker 2: amount of sort of economic buffer because some of those 151 00:07:13,400 --> 00:07:16,440 Speaker 2: macroeconomic numbers you know, coming out of the Biden administration 152 00:07:16,560 --> 00:07:19,320 Speaker 2: were in fact good. You know, unemployment was really low, 153 00:07:19,400 --> 00:07:22,760 Speaker 2: for example, and consumer sentiment was coming back up. But 154 00:07:23,040 --> 00:07:25,400 Speaker 2: we know because we've been we're covering this the whole time. 155 00:07:25,680 --> 00:07:28,400 Speaker 2: There were significant warning signs in the housing market, like 156 00:07:28,440 --> 00:07:30,480 Speaker 2: the housing market has not been normal in a really 157 00:07:30,520 --> 00:07:32,840 Speaker 2: long time. Things have been just kind of like frozen 158 00:07:32,880 --> 00:07:36,160 Speaker 2: in place for years. At this point, you also had 159 00:07:36,200 --> 00:07:39,679 Speaker 2: a situation where consumers, yes, they were maintaining their spending level, 160 00:07:40,040 --> 00:07:43,200 Speaker 2: but they were increasingly having to rely on credit cards 161 00:07:43,200 --> 00:07:45,680 Speaker 2: in order to be able to do that. So that 162 00:07:45,800 --> 00:07:48,440 Speaker 2: indicates that they aren't really in a position to absorb 163 00:07:48,520 --> 00:07:50,960 Speaker 2: much of a shock at all if there is an 164 00:07:51,000 --> 00:07:54,960 Speaker 2: economic downturn, if hiring does begin to freeze, if you know, 165 00:07:55,320 --> 00:07:58,760 Speaker 2: if layoffs do start, if the stock market does continue 166 00:07:58,760 --> 00:08:02,560 Speaker 2: its downward trajectory, so they may not have as much 167 00:08:02,600 --> 00:08:05,560 Speaker 2: of a buffer zone as you might think if you 168 00:08:05,600 --> 00:08:08,640 Speaker 2: were just looking at those top line macroeconomic numbers. On 169 00:08:08,680 --> 00:08:13,000 Speaker 2: the other hand, you know, consumer sentiment was pretty low 170 00:08:13,120 --> 00:08:16,520 Speaker 2: during most of the Biden administration, and it didn't actually 171 00:08:16,600 --> 00:08:19,920 Speaker 2: represent it did not actually lead to a decrease. 172 00:08:19,520 --> 00:08:20,640 Speaker 3: In consumer spending. 173 00:08:21,040 --> 00:08:23,000 Speaker 2: So last time Tiger and I were talking about, Oh, 174 00:08:23,000 --> 00:08:25,160 Speaker 2: this consumer sentiment index that's really important. 175 00:08:25,280 --> 00:08:26,280 Speaker 3: It's falling off a cliff. 176 00:08:26,280 --> 00:08:29,520 Speaker 2: People are really nervous, their inflation expectations are high, et cetera. 177 00:08:30,160 --> 00:08:32,679 Speaker 3: Sometimes oftentimes that can. 178 00:08:32,600 --> 00:08:35,280 Speaker 2: Lead to a sort of like self fulfilling prophecy, or 179 00:08:35,320 --> 00:08:37,880 Speaker 2: because consumers are nervous, they pull back, and retailers are 180 00:08:37,880 --> 00:08:40,400 Speaker 2: looking at that consumer sentiment and they're pulling back as well. 181 00:08:40,720 --> 00:08:44,320 Speaker 2: But that is not always always the case. So you know, 182 00:08:44,480 --> 00:08:46,680 Speaker 2: there's a lot of mixed signals here. But I don't 183 00:08:46,679 --> 00:08:49,560 Speaker 2: think there's any doubt that if they move forward to 184 00:08:49,600 --> 00:08:52,520 Speaker 2: the full extent on April second, there is going to 185 00:08:52,520 --> 00:08:54,480 Speaker 2: be a significant blow. And I mean Jerome pal said 186 00:08:54,520 --> 00:08:58,080 Speaker 2: as much. You know, in his very like Federal Reserve chairs, 187 00:08:58,120 --> 00:09:00,120 Speaker 2: their whole thing is to be is sort of like 188 00:09:00,600 --> 00:09:05,200 Speaker 2: neutral and non inflammatory as possible because they know how 189 00:09:05,320 --> 00:09:09,280 Speaker 2: closely everybody parses every single word. But basically it's like, yeah, 190 00:09:09,400 --> 00:09:12,160 Speaker 2: terroriff's lead to more inflation and lower growth. That's what 191 00:09:12,240 --> 00:09:16,000 Speaker 2: we are increasingly expecting is growth to be lower than 192 00:09:16,000 --> 00:09:18,560 Speaker 2: what was previously projected and for us to have to 193 00:09:18,600 --> 00:09:21,240 Speaker 2: worry more about inflation. I just saw soccer this morning. 194 00:09:21,400 --> 00:09:23,280 Speaker 2: Trump is out, of course, he's very upset. He wants 195 00:09:23,320 --> 00:09:25,640 Speaker 2: the Federal Reserve to cut rates, et cetera, to help 196 00:09:25,720 --> 00:09:28,120 Speaker 2: him with his tariff policy, and right now the Fed 197 00:09:28,240 --> 00:09:29,040 Speaker 2: is not going along with that. 198 00:09:29,200 --> 00:09:32,160 Speaker 1: That's still in a quote wait and see policy. And yeah, 199 00:09:32,200 --> 00:09:33,920 Speaker 1: I mean I am worried to just about all these 200 00:09:33,920 --> 00:09:36,319 Speaker 1: crazy shocks to the market, because what you'll have is, like, 201 00:09:36,360 --> 00:09:39,199 Speaker 1: you know, stocks were up yesterday on the SPED chairman's 202 00:09:39,320 --> 00:09:41,880 Speaker 1: talk about not lack of recession and about possibility of 203 00:09:41,920 --> 00:09:44,560 Speaker 1: cutting rates, but then you could have a major terif regime, 204 00:09:44,559 --> 00:09:46,600 Speaker 1: and then the Federal Reserve would try and come in 205 00:09:46,679 --> 00:09:49,520 Speaker 1: maybe save the economy and cut rates low. We just 206 00:09:49,600 --> 00:09:52,959 Speaker 1: have this just chaos. That's what people don't want to see. 207 00:09:53,080 --> 00:09:55,440 Speaker 1: And you're starting to see some pushback. I mean, mainly 208 00:09:55,440 --> 00:09:57,440 Speaker 1: it's not just Wall Street, I would say, it's really 209 00:09:57,600 --> 00:09:59,880 Speaker 1: the financial press itself is just having a lot of 210 00:10:00,040 --> 00:10:02,839 Speaker 1: difficulty dealing with all of this. So here's Maria Bartriomo 211 00:10:02,920 --> 00:10:07,120 Speaker 1: from Fox Business. By no means somebody who is adversarial 212 00:10:07,520 --> 00:10:10,000 Speaker 1: usually to the Trump administration. But you know, you got 213 00:10:10,040 --> 00:10:13,640 Speaker 1: to watch this versus her the Treasury Secretary, Scott Besstt. 214 00:10:13,679 --> 00:10:14,360 Speaker 1: Let's take a listen. 215 00:10:15,040 --> 00:10:19,440 Speaker 6: And they have substantial tariffs and as important as the 216 00:10:19,480 --> 00:10:23,160 Speaker 6: tariff or some of these non tariff barriers where they 217 00:10:23,160 --> 00:10:29,640 Speaker 6: have domestic content production, where they do testing on our 218 00:10:30,000 --> 00:10:33,960 Speaker 6: whether it's our food, our products that bear no resemblance 219 00:10:34,040 --> 00:10:37,160 Speaker 6: to safety or anything that we do to their products. 220 00:10:38,080 --> 00:10:41,720 Speaker 7: See, these are the things that people are really worried 221 00:10:41,760 --> 00:10:44,680 Speaker 7: about because they first thought it was just about trade, 222 00:10:45,120 --> 00:10:47,840 Speaker 7: then they thought it was just about Fenton All. Then 223 00:10:48,200 --> 00:10:51,160 Speaker 7: after that we talked about, well, maybe it's currency manipulation, 224 00:10:51,320 --> 00:10:53,720 Speaker 7: and maybe it's now you're talking about food testing. 225 00:10:54,160 --> 00:10:56,520 Speaker 3: And when I bring up the issue of clarity. 226 00:10:56,240 --> 00:10:58,360 Speaker 7: That's that's what I'm talking about, and that's what I'm 227 00:10:58,360 --> 00:11:02,080 Speaker 7: hearing from Corporate America that we're not sure where this 228 00:11:02,280 --> 00:11:05,080 Speaker 7: is going, but of course we will get resolution on August. 229 00:11:05,480 --> 00:11:07,040 Speaker 3: On a April second, rather. 230 00:11:07,360 --> 00:11:09,199 Speaker 1: So you could stay there. You know, that's about his 231 00:11:09,320 --> 00:11:11,120 Speaker 1: light pushback. I think, as you're going to get but 232 00:11:11,160 --> 00:11:14,160 Speaker 1: it's still important. And keeping with this, you have the 233 00:11:14,240 --> 00:11:17,560 Speaker 1: chief economist here of Moody's, who has recently been giving 234 00:11:17,559 --> 00:11:20,440 Speaker 1: an interview. Now, why does it matter. Remember everybody Moody's, 235 00:11:20,480 --> 00:11:23,080 Speaker 1: everybody on Wall Street. It looks to them downgrading of debt, 236 00:11:23,120 --> 00:11:26,200 Speaker 1: their forecast. Those forecasts get incorporated by the analysts. The 237 00:11:26,240 --> 00:11:29,199 Speaker 1: analysts then put that into their overall projections, and then 238 00:11:29,240 --> 00:11:33,000 Speaker 1: sometimes projections can be fulfilling because it will cost people 239 00:11:33,040 --> 00:11:34,679 Speaker 1: either to sell off or to pair back, or to 240 00:11:34,760 --> 00:11:37,240 Speaker 1: hoard cash allah war and buffet style. So here he 241 00:11:37,280 --> 00:11:40,240 Speaker 1: is the chief economist of Moody's talking about recession. Let's 242 00:11:40,240 --> 00:11:40,760 Speaker 1: take a listen. 243 00:11:41,320 --> 00:11:44,120 Speaker 8: There's a lot of talk about reciprocal terriffs, that's broad 244 00:11:44,200 --> 00:11:47,319 Speaker 8: based tariffs coming into effect in a couple of weeks 245 00:11:47,360 --> 00:11:49,800 Speaker 8: I think early up April that actually happens in those 246 00:11:50,280 --> 00:11:53,440 Speaker 8: turiffs stay in place, bringing length to time couple three 247 00:11:53,520 --> 00:11:56,320 Speaker 8: four five minths. I think that's enough to push the 248 00:11:56,360 --> 00:11:59,240 Speaker 8: economy into recession given everything else that's going on. So 249 00:11:59,800 --> 00:12:01,840 Speaker 8: you know, this would be this is a this would 250 00:12:01,840 --> 00:12:05,200 Speaker 8: be a really weird recession, right, I mean, it's recession 251 00:12:05,200 --> 00:12:07,880 Speaker 8: by design. You know, the economy came into the year 252 00:12:07,920 --> 00:12:10,920 Speaker 8: rip raw and exceptionally strong, and we're pushing it in 253 00:12:11,000 --> 00:12:13,600 Speaker 8: because of policy it just doesn't feel like, you know, 254 00:12:13,760 --> 00:12:16,320 Speaker 8: that's the direction we need to go. 255 00:12:16,679 --> 00:12:18,560 Speaker 1: Look, that's Wall Street. It could be wrong, and we 256 00:12:18,640 --> 00:12:21,480 Speaker 1: also could have the old Trump like, yeah, we're doing this, 257 00:12:21,600 --> 00:12:23,360 Speaker 1: we're doing this, we're doing this, and then we're not 258 00:12:23,400 --> 00:12:25,800 Speaker 1: doing this, so we have no idea. They could pull back. 259 00:12:25,840 --> 00:12:27,760 Speaker 1: I mean, that's part of what I always think is 260 00:12:27,800 --> 00:12:30,360 Speaker 1: that the danger always is that if you have a 261 00:12:30,480 --> 00:12:33,040 Speaker 1: tariff regime and you go to the bat for tariffs, 262 00:12:33,040 --> 00:12:35,280 Speaker 1: but then you pull back, you don't you both get 263 00:12:35,320 --> 00:12:37,160 Speaker 1: like the market reaction to tariffs, and then you don't 264 00:12:37,160 --> 00:12:40,680 Speaker 1: get any benefit of tariffs. That's the problem. So I 265 00:12:40,720 --> 00:12:42,800 Speaker 1: am worried about this just in the sense of this 266 00:12:42,840 --> 00:12:45,160 Speaker 1: has to be implemented properly and needs to have a plan, 267 00:12:45,280 --> 00:12:47,839 Speaker 1: and needs to be paired with something real, Like it's 268 00:12:47,840 --> 00:12:50,680 Speaker 1: not just in video and open AI giving talks. Look, 269 00:12:50,720 --> 00:12:53,800 Speaker 1: I think it's great that Nvidia is gonna onshore hundreds 270 00:12:53,800 --> 00:12:56,360 Speaker 1: of millions of dollars, but like, let's look at reality 271 00:12:56,440 --> 00:12:58,800 Speaker 1: from the Chips Act and all that. Yes, it definitely helped, 272 00:12:59,000 --> 00:13:00,640 Speaker 1: but a lot of that money he did not go 273 00:13:00,760 --> 00:13:02,840 Speaker 1: to a lot of the declining states. It states that 274 00:13:02,880 --> 00:13:05,280 Speaker 1: were already open for business and that we're kind of 275 00:13:05,320 --> 00:13:08,720 Speaker 1: booming places like Arizona. Right. Yeah, look, I had nothing 276 00:13:08,760 --> 00:13:11,560 Speaker 1: against Arizona. I'm glad. But you know, part of the 277 00:13:11,600 --> 00:13:15,000 Speaker 1: whole idea behind tariffs, why the UAW and others support them, 278 00:13:15,080 --> 00:13:19,080 Speaker 1: is also to revitalize areas that are economically declining, and 279 00:13:19,120 --> 00:13:21,439 Speaker 1: we have not seen that as of yet from the 280 00:13:22,360 --> 00:13:26,439 Speaker 1: states of Ohio, you know, Pennsylvania, of Michigan. A lot 281 00:13:26,440 --> 00:13:29,040 Speaker 1: of the economic growth if you look like in Pennsylvania, 282 00:13:29,040 --> 00:13:31,800 Speaker 1: a lot of it is healthcare, which that's a problem. 283 00:13:31,880 --> 00:13:35,200 Speaker 1: I think that's not really a tariff thing that you 284 00:13:35,200 --> 00:13:38,839 Speaker 1: can necessarily solve without some direct government intervention. So look, 285 00:13:38,880 --> 00:13:41,440 Speaker 1: they're playing with shaky ground. Yeah, if you screw people's money, 286 00:13:41,480 --> 00:13:43,559 Speaker 1: they're gonna get mad. And it's one of those where 287 00:13:43,679 --> 00:13:46,199 Speaker 1: you can do damage to yourself in the future and 288 00:13:46,600 --> 00:13:48,559 Speaker 1: you may both go to the bat for something and 289 00:13:48,600 --> 00:13:50,439 Speaker 1: then end up losing, which in my opinion puts you 290 00:13:50,480 --> 00:13:51,280 Speaker 1: in all the worst world. 291 00:13:51,520 --> 00:13:54,000 Speaker 2: I mean, in the terms of the politics of this, 292 00:13:54,679 --> 00:13:59,160 Speaker 2: we are in very unusual territory with regard to Donald Trump, 293 00:13:59,200 --> 00:14:01,360 Speaker 2: where his number on the economy right now are some 294 00:14:01,400 --> 00:14:03,560 Speaker 2: of his lowest numbers. Yes, and it comes at a 295 00:14:03,640 --> 00:14:10,080 Speaker 2: time when the economy cost of living inflation, the importance 296 00:14:10,080 --> 00:14:13,640 Speaker 2: of that to Americans is only going up right now. 297 00:14:14,520 --> 00:14:17,320 Speaker 2: So the fact that he is, you know, being seen 298 00:14:17,400 --> 00:14:19,800 Speaker 2: right now increasingly is failing to deliver on what was 299 00:14:19,800 --> 00:14:22,160 Speaker 2: one of the core promises of his campaign and what 300 00:14:22,240 --> 00:14:25,280 Speaker 2: has always been one of the core promises of him 301 00:14:25,640 --> 00:14:27,720 Speaker 2: as a leader and as a political candidate. 302 00:14:28,080 --> 00:14:30,640 Speaker 3: Yeah, it's a you know, it's a big issue for him. 303 00:14:30,760 --> 00:14:35,160 Speaker 2: And you couple that with talking about, you know, the 304 00:14:35,200 --> 00:14:38,760 Speaker 2: reconciliation coming down, big tax cuts for the rich, cuts 305 00:14:38,800 --> 00:14:41,600 Speaker 2: probably to medicaid, a tax on social security that people 306 00:14:41,600 --> 00:14:44,560 Speaker 2: are very concerned about, very concerned about about. In fact, 307 00:14:44,640 --> 00:14:48,360 Speaker 2: the data segment that will probably get to today, assuming 308 00:14:48,400 --> 00:14:50,400 Speaker 2: that we don't talk too long in these other blocks. 309 00:14:50,800 --> 00:14:52,520 Speaker 2: One of the things they found is that the most 310 00:14:52,560 --> 00:14:56,040 Speaker 2: effective message right now about Trump is he is cutting 311 00:14:56,080 --> 00:14:58,360 Speaker 2: taxes for the rich and cutting your social security and 312 00:14:58,360 --> 00:15:01,000 Speaker 2: your medicare. So a lot of or less political ground 313 00:15:01,040 --> 00:15:01,880 Speaker 2: that he's on right now. 314 00:15:04,320 --> 00:15:07,200 Speaker 1: All right, let's get over to Tesla. This is really 315 00:15:07,240 --> 00:15:09,600 Speaker 1: interesting stuff happening with the stock now. You might even 316 00:15:09,680 --> 00:15:11,680 Speaker 1: ask why does it matter with the stock, Well, if 317 00:15:11,680 --> 00:15:15,000 Speaker 1: the Elon's going to be major player in our government. Actually, 318 00:15:15,160 --> 00:15:17,600 Speaker 1: maybe we can edit this in later. This is maybe 319 00:15:17,600 --> 00:15:20,720 Speaker 1: an ask to our producers. The Commerce Secretary late last 320 00:15:20,760 --> 00:15:23,560 Speaker 1: night I literally went on television to encourage people to 321 00:15:23,640 --> 00:15:26,560 Speaker 1: buy Tesla's stock. I mean, I can only assume that 322 00:15:26,640 --> 00:15:29,080 Speaker 1: it's not even just about personal interest there, but like 323 00:15:29,280 --> 00:15:31,960 Speaker 1: they see that as an existential threat to Elon, to 324 00:15:32,040 --> 00:15:34,800 Speaker 1: Doge and their ability to be able to carry their 325 00:15:34,840 --> 00:15:36,960 Speaker 1: things out. So the fate of this company does obviously matter, 326 00:15:37,040 --> 00:15:38,119 Speaker 1: not only in terms. 327 00:15:37,840 --> 00:15:39,960 Speaker 2: Of that, not only that, I mean Trump was hogging 328 00:15:40,280 --> 00:15:43,360 Speaker 2: Tesla's in the launch. So this is like a hole 329 00:15:43,400 --> 00:15:46,080 Speaker 2: of government effort to prop up a preface the stock 330 00:15:46,200 --> 00:15:48,840 Speaker 2: of yes of the richest man on the entire planet. 331 00:15:48,880 --> 00:15:50,240 Speaker 1: So there you go. All it makes a lot of 332 00:15:50,280 --> 00:15:55,240 Speaker 1: sense sticking with that. Not only prior prior to Doge Elon, 333 00:15:55,400 --> 00:15:59,600 Speaker 1: we often saw Tesla the most successful American cars startup 334 00:16:00,160 --> 00:16:03,320 Speaker 1: of all time, especially in modern history. So what does 335 00:16:03,360 --> 00:16:05,840 Speaker 1: that matter? Well, you know, we had bet that electric 336 00:16:05,920 --> 00:16:08,000 Speaker 1: vehicles are going to be part of some of our future. 337 00:16:08,080 --> 00:16:10,000 Speaker 1: May not be everything, but you know, we want to 338 00:16:10,000 --> 00:16:12,560 Speaker 1: have some leadership in the area. And at the very 339 00:16:12,560 --> 00:16:15,520 Speaker 1: same time that we're seeing troubles in our electric vehicle 340 00:16:16,000 --> 00:16:21,440 Speaker 1: market and in our companies byd is leaping bounds of 341 00:16:21,520 --> 00:16:24,440 Speaker 1: what is possible. So let's start off here. This is 342 00:16:24,480 --> 00:16:28,320 Speaker 1: a major investor in Tesla who took to the airwaves 343 00:16:28,600 --> 00:16:31,160 Speaker 1: and basically publicly said, I think there needs to be 344 00:16:31,280 --> 00:16:34,280 Speaker 1: a new CEO because he's just not spending a lot 345 00:16:34,320 --> 00:16:36,600 Speaker 1: of time on this company. This is Ross Gerber. Let's 346 00:16:36,640 --> 00:16:37,120 Speaker 1: take a listen. 347 00:16:37,280 --> 00:16:39,000 Speaker 9: I think we all make choices with our time, and 348 00:16:39,040 --> 00:16:41,320 Speaker 9: Elon doesn't get more than twenty four hours a day 349 00:16:41,400 --> 00:16:44,640 Speaker 9: just because he's Elon. So we make choices all of us. 350 00:16:44,640 --> 00:16:46,360 Speaker 9: Do do we spend time with our family, do we 351 00:16:46,400 --> 00:16:46,960 Speaker 9: go golfing? 352 00:16:47,000 --> 00:16:50,160 Speaker 10: Do we work? And how we. 353 00:16:49,800 --> 00:16:53,320 Speaker 9: Do this is, you know, each individual chooses, and so 354 00:16:53,720 --> 00:16:56,560 Speaker 9: Elon chooses to work, you know, all the time. But 355 00:16:56,680 --> 00:16:58,680 Speaker 9: you can only work so many hours a day. So 356 00:16:59,280 --> 00:17:02,440 Speaker 9: it's twenty four, right, and he's sleeps so so there's 357 00:17:02,440 --> 00:17:05,000 Speaker 9: no question he's been committed to his job at the government. 358 00:17:05,000 --> 00:17:07,720 Speaker 9: That's where he's spending his time. He is not running Tesla. 359 00:17:07,760 --> 00:17:09,240 Speaker 9: And you know that's why I'm going to say it. 360 00:17:09,280 --> 00:17:12,080 Speaker 9: I think Tesla needs a new CEO. And I decided 361 00:17:12,119 --> 00:17:14,000 Speaker 9: today I was going to start saying it. And so 362 00:17:14,080 --> 00:17:16,080 Speaker 9: this is the first show that I'm saying it on. 363 00:17:16,480 --> 00:17:19,239 Speaker 9: It's time for somebody to run Tesla. The business has 364 00:17:19,280 --> 00:17:22,040 Speaker 9: been neglected for too long. There's too many important things 365 00:17:22,040 --> 00:17:25,160 Speaker 9: Tesla's doing. So either Elon should come back to Tesla 366 00:17:25,480 --> 00:17:28,040 Speaker 9: and be the CEO of Tesla and give up his 367 00:17:28,119 --> 00:17:30,800 Speaker 9: other jobs, or he should focus on the government, keep 368 00:17:30,800 --> 00:17:34,160 Speaker 9: doing what he's doing, but find a suitable CEO for Tesla. 369 00:17:34,440 --> 00:17:37,000 Speaker 3: So you are saying, essentially, if he's not prepared to 370 00:17:37,040 --> 00:17:39,400 Speaker 3: quit that government job, he needs to go. 371 00:17:39,960 --> 00:17:40,920 Speaker 10: Yeah, I think it's time. 372 00:17:41,040 --> 00:17:43,119 Speaker 1: So you the reason why that matters is he's a 373 00:17:43,119 --> 00:17:44,879 Speaker 1: major investor in Tesla and there are a lot of 374 00:17:44,920 --> 00:17:47,520 Speaker 1: Tesla investors who are upset. I'm looking at the stock 375 00:17:47,680 --> 00:17:50,800 Speaker 1: right now. It's a flat basically on the last six months. 376 00:17:50,880 --> 00:17:52,800 Speaker 1: Let's go and put that tear sheet please up on 377 00:17:52,840 --> 00:17:55,760 Speaker 1: the screen here, because it fits with the broader pattern 378 00:17:55,800 --> 00:17:58,280 Speaker 1: of people inside of the company are deciding that they're 379 00:17:58,280 --> 00:18:00,639 Speaker 1: going to sell off. So put the next tearsheet up. 380 00:18:00,680 --> 00:18:03,680 Speaker 1: B Two Tesla board members and executive are selling off 381 00:18:03,760 --> 00:18:07,280 Speaker 1: over one hundred million dollars of stock in recent weeks. 382 00:18:07,280 --> 00:18:07,920 Speaker 3: Never a good sign. 383 00:18:08,000 --> 00:18:10,480 Speaker 1: Not a good sign. Yeah. Usually together the four top 384 00:18:10,520 --> 00:18:12,679 Speaker 1: officers of the company have offloaded one hundred million in 385 00:18:12,680 --> 00:18:16,240 Speaker 1: shares just since early February. It's likely that this is 386 00:18:16,240 --> 00:18:19,640 Speaker 1: a result of the fact that it bumped so high 387 00:18:19,720 --> 00:18:22,320 Speaker 1: immediately after the election. But you know, the truth is 388 00:18:22,320 --> 00:18:24,480 Speaker 1: is that if it's flat on the last six months, 389 00:18:24,640 --> 00:18:28,560 Speaker 1: it's erased all of its pre election gains. And broadly, like, 390 00:18:28,640 --> 00:18:31,720 Speaker 1: the company does have issues. I mean, if you look 391 00:18:32,000 --> 00:18:34,520 Speaker 1: not only at the demand, but you've got the brand 392 00:18:34,560 --> 00:18:37,320 Speaker 1: stuff which is currently happening, put B three pleas on 393 00:18:37,359 --> 00:18:39,800 Speaker 1: the screen so people can see this. Yeah, I mean, 394 00:18:39,880 --> 00:18:42,760 Speaker 1: if you look at the decline overall, the year to 395 00:18:42,840 --> 00:18:45,760 Speaker 1: date decline, specifically that's from January, so that was really 396 00:18:45,760 --> 00:18:47,960 Speaker 1: where elections are, and we're talking about a thirty seven 397 00:18:48,000 --> 00:18:51,120 Speaker 1: percent decline in the overall stock value of the company. 398 00:18:51,160 --> 00:18:54,520 Speaker 1: And there are issues both with their current sales. They're 399 00:18:54,560 --> 00:18:57,200 Speaker 1: branding right now. You also have to think, like, who 400 00:18:57,200 --> 00:18:59,359 Speaker 1: are the people who are buying teslas. They're mostly like 401 00:18:59,480 --> 00:19:02,520 Speaker 1: rich people, and like rich people are usually liberals in 402 00:19:02,520 --> 00:19:04,680 Speaker 1: this country, especially the type of people who are going 403 00:19:04,720 --> 00:19:07,600 Speaker 1: to be attracted to an EV. So I've been seeing 404 00:19:07,600 --> 00:19:09,760 Speaker 1: people like we need to make buying the cyber truck 405 00:19:10,160 --> 00:19:12,239 Speaker 1: like a major part and I'm like, well, you know, 406 00:19:12,240 --> 00:19:15,560 Speaker 1: it's like a eighty five thousand dollars vehicle. Yeah, not 407 00:19:15,640 --> 00:19:17,119 Speaker 1: to say that there aren't a lot of poor people 408 00:19:17,119 --> 00:19:19,399 Speaker 1: out there driving eighty five thousand dollars Ford F one 409 00:19:19,480 --> 00:19:21,879 Speaker 1: fifties or whatever. They shouldn't be doing that either. But 410 00:19:22,200 --> 00:19:25,320 Speaker 1: my point is just if you look at the general 411 00:19:25,520 --> 00:19:29,480 Speaker 1: demographic of who their customer is, on top of the 412 00:19:29,480 --> 00:19:32,880 Speaker 1: political brand hit that they're taking, and if you also 413 00:19:32,960 --> 00:19:36,879 Speaker 1: see if Tesla's a global company, elon, you know, he 414 00:19:36,960 --> 00:19:39,879 Speaker 1: might be popular or whatever with Republicans here that's fifty 415 00:19:39,880 --> 00:19:42,760 Speaker 1: percent of our country. But you know, we have to 416 00:19:42,760 --> 00:19:45,440 Speaker 1: think about Germany. We have to think about the global marketplace, 417 00:19:45,440 --> 00:19:47,560 Speaker 1: and the biggest problem they face there is as well, 418 00:19:47,640 --> 00:19:51,920 Speaker 1: his brand is becoming polarizing. Byd cars are only getting better, 419 00:19:52,000 --> 00:19:54,280 Speaker 1: and in those countries you can buy a b Wyd car, 420 00:19:54,320 --> 00:19:56,360 Speaker 1: you can buy a Jamie car. You can't buy one here. 421 00:19:56,560 --> 00:19:58,959 Speaker 1: So in a way, he's actually protected a little bit 422 00:19:59,160 --> 00:20:02,040 Speaker 1: in the United States. But their stock value depends very 423 00:20:02,119 --> 00:20:05,800 Speaker 1: much on sales globally, in China, in Germany, in the 424 00:20:05,840 --> 00:20:08,000 Speaker 1: European Union, in fact, I mean the use case for 425 00:20:08,040 --> 00:20:10,480 Speaker 1: an EV in every other country. But the United States 426 00:20:10,520 --> 00:20:12,080 Speaker 1: is much better just because it's small. You don't have 427 00:20:12,080 --> 00:20:14,399 Speaker 1: to drive that much, and they have better infrastructure than 428 00:20:14,480 --> 00:20:17,000 Speaker 1: US too, So yeah, you rarely have to think just 429 00:20:17,040 --> 00:20:20,600 Speaker 1: about what that future value is. And I mean it 430 00:20:20,600 --> 00:20:22,800 Speaker 1: makes sense if you're Ross Gerbert, like purely from a 431 00:20:22,840 --> 00:20:25,680 Speaker 1: financial perspective, you're like, listen, I mean you're literally I 432 00:20:25,720 --> 00:20:27,800 Speaker 1: mean gave you an interview to Ted Cruz and he's like, 433 00:20:27,800 --> 00:20:30,040 Speaker 1: I sleep six hours a night and I wake I 434 00:20:30,160 --> 00:20:32,080 Speaker 1: work every single other hour. And he's like, and this 435 00:20:32,119 --> 00:20:34,000 Speaker 1: is all I'm working on. It's on does It's like, okay, 436 00:20:34,000 --> 00:20:37,040 Speaker 1: well you literally CEO and these companies, So how much 437 00:20:37,080 --> 00:20:39,840 Speaker 1: attention can you realistically give this here? I mean people 438 00:20:39,880 --> 00:20:42,240 Speaker 1: have always said that about Elon, but it's a little 439 00:20:42,280 --> 00:20:44,359 Speaker 1: bit different when you're focused on government as opposed to 440 00:20:44,520 --> 00:20:48,320 Speaker 1: running two or three other kind of interconnected businesses yea 441 00:20:48,320 --> 00:20:48,960 Speaker 1: at the same time. 442 00:20:49,000 --> 00:20:51,040 Speaker 2: And that's one of the knocks on Tesla is that 443 00:20:51,080 --> 00:20:55,520 Speaker 2: the inventory right now is stale, that Elon's attention is elsewhere, 444 00:20:55,640 --> 00:20:58,080 Speaker 2: and so you know, it's not his baby anymore the 445 00:20:58,119 --> 00:20:59,760 Speaker 2: way that it used to be. It's not his like 446 00:21:00,320 --> 00:21:02,200 Speaker 2: obsession of the moment, and this is a man who's 447 00:21:02,240 --> 00:21:05,119 Speaker 2: known for glorious obsessions, and so that's part of it, 448 00:21:05,160 --> 00:21:06,879 Speaker 2: I mean, but the biggest part is just how toxic 449 00:21:06,920 --> 00:21:09,439 Speaker 2: he's become and how polarizing he's become, and not just 450 00:21:09,440 --> 00:21:12,119 Speaker 2: in the US. But you know, we tracked before. The 451 00:21:12,160 --> 00:21:14,760 Speaker 2: sales in Europe have fallen off a cliff. 452 00:21:15,080 --> 00:21:17,120 Speaker 3: In Germany. I saw a stat they did a poll. 453 00:21:17,200 --> 00:21:17,640 Speaker 3: It was like. 454 00:21:17,680 --> 00:21:19,720 Speaker 2: Ninety four percent of German said that they would not 455 00:21:20,000 --> 00:21:23,760 Speaker 2: not even consider buying a Tesla. And as Sager said, 456 00:21:23,800 --> 00:21:26,639 Speaker 2: there are other options, and it's not like in Europe 457 00:21:26,640 --> 00:21:30,600 Speaker 2: in particular, people are buying fewer evs overall. Quite the contrary, 458 00:21:30,640 --> 00:21:33,200 Speaker 2: the percent of new vehicles that are being purchased that 459 00:21:33,240 --> 00:21:36,080 Speaker 2: are EV's continues to be on the rise, and yet 460 00:21:36,119 --> 00:21:38,680 Speaker 2: Tesla sales, like in Germany are down sixty percent. I 461 00:21:38,720 --> 00:21:42,280 Speaker 2: mean it just at some point it becomes a real problem. Also, 462 00:21:42,440 --> 00:21:44,280 Speaker 2: just to flag something, to keep an eye on something, 463 00:21:44,320 --> 00:21:46,119 Speaker 2: I'm going to keep an eye on. The Financial Times 464 00:21:46,160 --> 00:21:48,280 Speaker 2: has an article today calling into question some of the 465 00:21:48,320 --> 00:21:51,680 Speaker 2: accounting with Tesla flagging as sort of one point four 466 00:21:51,960 --> 00:21:55,840 Speaker 2: billion dollars that is questionable of what's going on and 467 00:21:55,840 --> 00:21:58,280 Speaker 2: where it went, et cetera. So there may be a 468 00:21:58,280 --> 00:22:01,480 Speaker 2: lot more going on there, but THETTOM line is Elon 469 00:22:01,680 --> 00:22:02,439 Speaker 2: is toxic. 470 00:22:02,520 --> 00:22:02,840 Speaker 3: Figure. 471 00:22:03,280 --> 00:22:06,359 Speaker 2: The car has become itself very polarizing, and most people 472 00:22:06,359 --> 00:22:08,320 Speaker 2: are not looking to make a political statement with the 473 00:22:08,440 --> 00:22:10,359 Speaker 2: vehicle that they're driving. They just want to like have 474 00:22:10,440 --> 00:22:12,080 Speaker 2: a car that's good and drive it and not get 475 00:22:12,080 --> 00:22:16,359 Speaker 2: dirty looks from whoever while they're driving it. And you know, 476 00:22:16,400 --> 00:22:19,480 Speaker 2: then they've got this increased competition issue as well. I 477 00:22:19,560 --> 00:22:22,680 Speaker 2: do think it's like, to me, it's very funny. Republicans, 478 00:22:22,960 --> 00:22:26,399 Speaker 2: the new party of the working class organizing themselves around 479 00:22:26,400 --> 00:22:28,760 Speaker 2: supporting the stock value of the company of the richest 480 00:22:28,760 --> 00:22:30,919 Speaker 2: man on the planet is an entertaining subplot to all 481 00:22:30,960 --> 00:22:31,119 Speaker 2: of it. 482 00:22:31,200 --> 00:22:33,199 Speaker 1: Sure, I mean, look, we can all do. We can 483 00:22:33,240 --> 00:22:35,320 Speaker 1: do hypocrisy all we want, like. 484 00:22:35,359 --> 00:22:37,240 Speaker 2: Martin del pocracy. I just think it's funny, Like. 485 00:22:37,240 --> 00:22:40,800 Speaker 1: The Senator trading in is Tesla for Chevy gas powered vehicle, 486 00:22:40,800 --> 00:22:43,720 Speaker 1: which is not even a hybrid. What's up with that? 487 00:22:43,720 --> 00:22:46,040 Speaker 1: That's like, Look, I'm not saying it isn't dull like 488 00:22:46,160 --> 00:22:48,680 Speaker 1: somewhat amusing, but I mean I care. I like electric 489 00:22:48,800 --> 00:22:50,920 Speaker 1: vehicles and I think they're cool. So you know, I drove, 490 00:22:50,960 --> 00:22:54,240 Speaker 1: actually drove past a sick EV nine today. I gotta 491 00:22:54,240 --> 00:22:56,440 Speaker 1: give it to Kia. They are nailing their electric cars. 492 00:22:56,480 --> 00:22:59,239 Speaker 1: I think they're really cool. But this sticks with what 493 00:22:59,280 --> 00:23:02,760 Speaker 1: we were talking about earlier with BYD. Look, I mean again, 494 00:23:03,000 --> 00:23:08,199 Speaker 1: any just casual observer who has no politics aside, you 495 00:23:08,359 --> 00:23:10,720 Speaker 1: just have to admit BYD is sick. Let's put this 496 00:23:10,800 --> 00:23:12,840 Speaker 1: up there on the screen. Look at what they just announced. 497 00:23:12,880 --> 00:23:16,720 Speaker 1: They got a five minute charge charge time. They are 498 00:23:16,760 --> 00:23:20,720 Speaker 1: saying that, according to them, the platform now has a 499 00:23:20,800 --> 00:23:25,359 Speaker 1: charging power of one thousand killowatts, takes up to one 500 00:23:25,359 --> 00:23:27,879 Speaker 1: thousand amps, which means it can charge batteries at a 501 00:23:27,960 --> 00:23:30,520 Speaker 1: rate of two kilometers per second. It can give you 502 00:23:30,680 --> 00:23:35,680 Speaker 1: four hundred kilometers in range in five minutes. The equivalent 503 00:23:35,720 --> 00:23:38,400 Speaker 1: to charge time on a Tesla would be about two 504 00:23:38,480 --> 00:23:42,160 Speaker 1: hundred miles in a range of fifteen minutes. That's if 505 00:23:42,240 --> 00:23:44,560 Speaker 1: all the stars aligned, like your battery is low, you're 506 00:23:44,600 --> 00:23:47,280 Speaker 1: att a two hundred fifty kilowat charger. There's nobody parked 507 00:23:47,359 --> 00:23:49,320 Speaker 1: next to you, which means that you're you know, your 508 00:23:49,440 --> 00:23:52,920 Speaker 1: wattage or whatever is going down. I mean a lot 509 00:23:52,920 --> 00:23:55,479 Speaker 1: of this is just about the engineering marvel of what 510 00:23:55,520 --> 00:23:58,440 Speaker 1: BID has been able to accomplish, and also in terms 511 00:23:58,440 --> 00:24:01,080 Speaker 1: of the regulations and design that they're allowed to build 512 00:24:01,160 --> 00:24:03,960 Speaker 1: over there in China. I'm genuinely convinced if we were 513 00:24:04,000 --> 00:24:07,040 Speaker 1: able to do or even regulatory allowed the types of 514 00:24:07,080 --> 00:24:09,400 Speaker 1: cars that they build over there, they would be huge sellers. 515 00:24:09,680 --> 00:24:12,240 Speaker 1: Like in China, the concept of a vehicle with a 516 00:24:12,240 --> 00:24:14,760 Speaker 1: five hundred mile gas tank and a three hundred mile battery, 517 00:24:14,880 --> 00:24:17,440 Speaker 1: it's everywhere, and actually they're interconnected. I mean, think about 518 00:24:17,440 --> 00:24:19,679 Speaker 1: that's eight hundred miles of range. Who would not buy that? 519 00:24:19,760 --> 00:24:21,399 Speaker 1: You know, it's one of those where it's a daily driver. 520 00:24:21,720 --> 00:24:24,720 Speaker 1: As far as I know, our plug in hybrids don't 521 00:24:24,720 --> 00:24:27,240 Speaker 1: even go up to like forty or fifty miles. I 522 00:24:27,240 --> 00:24:30,360 Speaker 1: think forty is as good as it gets here. That's 523 00:24:30,440 --> 00:24:32,640 Speaker 1: just not enough, you know, if you think about YEA, 524 00:24:32,920 --> 00:24:37,359 Speaker 1: So their market not only heavily subsidized by the Chinese government, 525 00:24:37,400 --> 00:24:39,760 Speaker 1: they built their infrastructure and all that over time, but 526 00:24:39,760 --> 00:24:42,919 Speaker 1: they've laid such a framework that they're elon the founder 527 00:24:42,960 --> 00:24:46,600 Speaker 1: of BYD who himself again is a genuine engineering genius 528 00:24:46,640 --> 00:24:49,320 Speaker 1: for him to be able to create this product that 529 00:24:49,400 --> 00:24:52,680 Speaker 1: is just going exponential now with everything that is available 530 00:24:52,680 --> 00:24:55,280 Speaker 1: to him, and if you think about the global marketplace. Again, 531 00:24:55,520 --> 00:24:57,879 Speaker 1: People in Germany or wherever, they don't care if it 532 00:24:57,880 --> 00:25:00,680 Speaker 1: comes from China. We care here for the integrity of 533 00:25:00,680 --> 00:25:02,400 Speaker 1: our US auto market, but in a lot of other 534 00:25:02,400 --> 00:25:04,400 Speaker 1: countries they don't think that way, or they just want 535 00:25:04,440 --> 00:25:06,600 Speaker 1: to buy whatever is the nicest car, or they have 536 00:25:06,680 --> 00:25:09,640 Speaker 1: friendlier relations with China. And so that is a direct 537 00:25:09,760 --> 00:25:13,879 Speaker 1: threat to tesla'sability in the future because their whole growth 538 00:25:13,920 --> 00:25:16,439 Speaker 1: project was not just America, it was the whole world. 539 00:25:16,520 --> 00:25:18,040 Speaker 3: That's absolutely the case. 540 00:25:18,119 --> 00:25:19,959 Speaker 2: And I mean, the only thing that is saving our 541 00:25:20,000 --> 00:25:22,760 Speaker 2: EV market right now is protection to some much like otherwise, 542 00:25:23,160 --> 00:25:27,480 Speaker 2: forget it, it'd be over because this development is so significant. 543 00:25:27,520 --> 00:25:30,000 Speaker 2: I mean, one of the primary things that keeps people 544 00:25:30,000 --> 00:25:32,320 Speaker 2: from buying an EV is Look, we're Americans. We love 545 00:25:32,359 --> 00:25:34,439 Speaker 2: the long road trip, and it's a pain in the 546 00:25:34,480 --> 00:25:36,320 Speaker 2: ass to have to Like, you know, first of all, 547 00:25:36,320 --> 00:25:38,399 Speaker 2: you're nervous about am I going to find a charger? 548 00:25:38,440 --> 00:25:40,960 Speaker 2: Is it going to be broken? Like, you know, did 549 00:25:41,000 --> 00:25:42,960 Speaker 2: I have the heat on too much and now my 550 00:25:43,080 --> 00:25:43,880 Speaker 2: range is too low? 551 00:25:43,920 --> 00:25:44,280 Speaker 3: Whatever? 552 00:25:44,400 --> 00:25:47,120 Speaker 2: Though, what do they call it? Range anxiety? That's one 553 00:25:47,119 --> 00:25:49,439 Speaker 2: of the big issues. And then okay, you get to 554 00:25:49,480 --> 00:25:50,960 Speaker 2: the charger and then you got to sit there for 555 00:25:50,960 --> 00:25:52,879 Speaker 2: twenty minutes at best if you have a Tesla and 556 00:25:52,920 --> 00:25:56,320 Speaker 2: it's a supercharger and whatever to get a significant you know, 557 00:25:56,440 --> 00:25:59,000 Speaker 2: range charge, and that's a pain in the butt, Like 558 00:25:59,040 --> 00:26:00,359 Speaker 2: you want to get where you're going when you got 559 00:26:00,359 --> 00:26:02,639 Speaker 2: your kids, they're man annoying, et cetera, et cetera. So 560 00:26:02,720 --> 00:26:07,600 Speaker 2: if you can charge up three hundred miles in five minutes, 561 00:26:07,760 --> 00:26:10,040 Speaker 2: I mean, now we're getting to where it's comparable too 562 00:26:10,080 --> 00:26:12,120 Speaker 2: how long it takes to fill the tank of gas, 563 00:26:12,480 --> 00:26:15,600 Speaker 2: not to matagine. This actually ties some into the abundance 564 00:26:15,680 --> 00:26:18,239 Speaker 2: conversation we're going to have later too. You know, our 565 00:26:18,320 --> 00:26:22,360 Speaker 2: charging network is not nearly sufficient. And then the thing 566 00:26:22,400 --> 00:26:24,320 Speaker 2: that really jumped down at me in this article too 567 00:26:24,680 --> 00:26:27,280 Speaker 2: is that they say that the key challenger to be white. 568 00:26:27,600 --> 00:26:30,960 Speaker 2: It's not Tesla or any other you know, American or 569 00:26:31,000 --> 00:26:35,080 Speaker 2: European car company or whatever. It's another Chinese battery companies 570 00:26:35,119 --> 00:26:39,280 Speaker 2: of CATL. Last year they unveiled a new battery with 571 00:26:39,320 --> 00:26:41,840 Speaker 2: a charge time equating to one kilometer of range per 572 00:26:41,880 --> 00:26:45,760 Speaker 2: second or six hundred kilometers in ten minutes. So this 573 00:26:45,800 --> 00:26:47,760 Speaker 2: is part of what we're seeing with the AI development 574 00:26:47,800 --> 00:26:51,320 Speaker 2: as well. That Obviously we have strong competitors in the 575 00:26:51,640 --> 00:26:56,640 Speaker 2: AI field, but China has strong competitors just internally domestically, 576 00:26:57,160 --> 00:27:00,639 Speaker 2: So they have in a very short period of time 577 00:27:01,080 --> 00:27:05,680 Speaker 2: leap frog to where now technologically with these like frontier technologies, 578 00:27:06,080 --> 00:27:08,359 Speaker 2: they are not just competing with us in some in 579 00:27:08,400 --> 00:27:11,120 Speaker 2: many instances, actually they have surpassed us, and they're kicking 580 00:27:11,160 --> 00:27:13,600 Speaker 2: our butt. Like their model in terms of innovation is 581 00:27:13,640 --> 00:27:16,520 Speaker 2: working better than our model, which is sort of sclerotic 582 00:27:16,680 --> 00:27:21,679 Speaker 2: and financialized and you know, monopoly driven and et cetera. 583 00:27:21,920 --> 00:27:24,639 Speaker 2: So this is you know, one instance of that that 584 00:27:24,800 --> 00:27:28,919 Speaker 2: is really incredibly striking. And yeah, they're gonna like if 585 00:27:29,640 --> 00:27:33,120 Speaker 2: we are unable to figure this technology out and catch 586 00:27:33,200 --> 00:27:37,720 Speaker 2: up to them, every American ev maker is going. 587 00:27:37,720 --> 00:27:38,800 Speaker 3: To be toast globally. 588 00:27:38,920 --> 00:27:42,080 Speaker 2: They will only be able to compete within the you know, 589 00:27:42,480 --> 00:27:44,800 Speaker 2: protectionist regime of the United States of America, and that 590 00:27:44,880 --> 00:27:47,400 Speaker 2: will be about it. And Tesla and not Tesla, Sorry, 591 00:27:47,400 --> 00:27:52,920 Speaker 2: BYD is concerned about our automaker's stealing their technology. Let's 592 00:27:52,960 --> 00:27:55,199 Speaker 2: put us up on the screen. This wasn't the only concern, 593 00:27:55,240 --> 00:27:58,760 Speaker 2: but this was part of it. Their delaying approval Beijing 594 00:27:58,880 --> 00:28:01,520 Speaker 2: is for BYD to build a plant in Mexico because 595 00:28:01,520 --> 00:28:04,080 Speaker 2: they're worried that that tech is going to leak across 596 00:28:04,119 --> 00:28:06,639 Speaker 2: the border to the US in some sort of like 597 00:28:06,720 --> 00:28:09,920 Speaker 2: you know, corporate espionage situation. Now they have other concerns, 598 00:28:10,000 --> 00:28:12,440 Speaker 2: especially with regard to you know, there's the trade war 599 00:28:12,560 --> 00:28:15,639 Speaker 2: going on, and so they're nervous about some of that 600 00:28:15,680 --> 00:28:17,240 Speaker 2: and how that will impact it as well. But that 601 00:28:17,320 --> 00:28:20,760 Speaker 2: was apparently a primary consideration, which is quite funny how 602 00:28:20,760 --> 00:28:21,960 Speaker 2: the shoe is now on the other foot. 603 00:28:22,000 --> 00:28:22,280 Speaker 3: Sager. 604 00:28:22,480 --> 00:28:24,760 Speaker 1: Yeah, it is, except they're smart enough to actually think 605 00:28:24,760 --> 00:28:27,560 Speaker 1: about that beforehand and not figure it out twenty years later. 606 00:28:27,920 --> 00:28:30,399 Speaker 1: It's amazing. Actually, when you have smart people who are 607 00:28:30,400 --> 00:28:33,640 Speaker 1: in your country, you can do amazing things. Personally, I'm 608 00:28:33,640 --> 00:28:36,760 Speaker 1: a Yang Wang guy. That's the BYD luxury suv. The 609 00:28:36,800 --> 00:28:40,720 Speaker 1: thing is incredible. You can float on water, according to them. Really, yeah, 610 00:28:40,760 --> 00:28:42,600 Speaker 1: it's one of those that you should look into it. 611 00:28:42,720 --> 00:28:45,800 Speaker 1: I've seen some videos of people driving around and they're 612 00:28:45,880 --> 00:28:46,719 Speaker 1: just they're awesome. 613 00:28:49,560 --> 00:28:53,720 Speaker 2: So Israel has quickly moved from a bombing campaign in 614 00:28:53,760 --> 00:28:57,600 Speaker 2: Gaza to now a new ground invasion. Let's go ahead 615 00:28:57,600 --> 00:28:59,600 Speaker 2: and put this up on the screen. This is their defence. 616 00:28:59,680 --> 00:29:03,760 Speaker 2: Min is warning the residents of Gaza with total devastation. 617 00:29:03,840 --> 00:29:05,880 Speaker 2: He says, this is your final warning. The first Sinoar 618 00:29:05,960 --> 00:29:09,400 Speaker 2: destroyed Gaza. The second Sinoar will bring upon it total ruin. 619 00:29:09,760 --> 00:29:12,760 Speaker 2: The Israeli air forces attack against Hamas Terras was only 620 00:29:12,800 --> 00:29:15,880 Speaker 2: the first step. What follows will be far harsher, and 621 00:29:15,960 --> 00:29:19,360 Speaker 2: you will bear the full cost. Evacuation of the population 622 00:29:19,480 --> 00:29:22,920 Speaker 2: from combat zones will soon resume. If all Israeli hostages 623 00:29:22,960 --> 00:29:25,840 Speaker 2: are not released and Hamas is not kicked out of Gaza, 624 00:29:26,240 --> 00:29:29,160 Speaker 2: Israel will act with force you have not known before. 625 00:29:29,600 --> 00:29:32,280 Speaker 2: Take the advice of the US President. Return the hostages, 626 00:29:32,360 --> 00:29:34,880 Speaker 2: kick out Hamas, and new options will open up for you, 627 00:29:34,960 --> 00:29:38,200 Speaker 2: including relocation to other parts of the world. For those 628 00:29:38,240 --> 00:29:43,120 Speaker 2: who choose the alternative is destruction and total devastations. So 629 00:29:43,720 --> 00:29:46,680 Speaker 2: I mean, obviously there's no real choice being offered here. 630 00:29:46,880 --> 00:29:51,200 Speaker 2: They are headed towards that total devastation, and we already 631 00:29:51,280 --> 00:29:55,680 Speaker 2: know that they've been preparing for this ground invasion and 632 00:29:55,840 --> 00:29:57,600 Speaker 2: it has in fact begun. We can take a look 633 00:29:57,640 --> 00:29:59,600 Speaker 2: at this map up on the screen. This will be 634 00:29:59,680 --> 00:30:02,360 Speaker 2: famili year to some of you that you've got them 635 00:30:02,680 --> 00:30:07,000 Speaker 2: bisecting Gaza in two. Once again, he warned, there. You 636 00:30:07,000 --> 00:30:08,840 Speaker 2: know that people are going to have to be forced 637 00:30:08,840 --> 00:30:12,200 Speaker 2: to flee from the rubble that's left of their homes, 638 00:30:12,240 --> 00:30:16,040 Speaker 2: once again displaced. There has been a siege in place 639 00:30:16,120 --> 00:30:18,640 Speaker 2: now for I believe over two weeks, so no food, 640 00:30:19,000 --> 00:30:23,080 Speaker 2: no fuel, no medicine is coming in. Yesterday I saw 641 00:30:23,200 --> 00:30:27,200 Speaker 2: an eyewitness report on the ground about seven children at 642 00:30:27,200 --> 00:30:33,000 Speaker 2: a single hospital having to have amputations with no anesthesia whatsoever. 643 00:30:33,680 --> 00:30:36,720 Speaker 2: That's what we're talking about here. So Sagar returned to 644 00:30:37,000 --> 00:30:42,440 Speaker 2: absolute full force. There are some domestic political ramifications in 645 00:30:42,520 --> 00:30:45,920 Speaker 2: terms of Israeli. You have amber good number of the 646 00:30:45,920 --> 00:30:50,400 Speaker 2: population that want the Israeli government to focus on return 647 00:30:50,440 --> 00:30:53,120 Speaker 2: of the hostages. Obviously, when you have this sort of 648 00:30:53,120 --> 00:30:56,760 Speaker 2: all on assault and ground invasion with massive death tolls, 649 00:30:56,800 --> 00:30:58,560 Speaker 2: death tolls like what we saw at the beginning of 650 00:30:58,600 --> 00:31:01,920 Speaker 2: this war, that is not only putting Palestinians at risk, 651 00:31:01,960 --> 00:31:04,640 Speaker 2: it is also putting the remaining hostages at risk as well. 652 00:31:04,880 --> 00:31:07,560 Speaker 2: So yesterday there were protests in the streets. We could 653 00:31:07,560 --> 00:31:09,360 Speaker 2: put this up on the screen from the New York Times. 654 00:31:09,400 --> 00:31:13,560 Speaker 2: Thousands of Israelis gathered on Wednesday outside the Parliament building 655 00:31:14,000 --> 00:31:18,480 Speaker 2: to renew a ceasefire deal in Gaza. To protest political 656 00:31:18,520 --> 00:31:21,680 Speaker 2: moves by Prime Minister benchmin Netnaho, including firing the head 657 00:31:21,680 --> 00:31:25,280 Speaker 2: of the Shinbett Intelligence Agency. The convergence of popular anger 658 00:31:25,360 --> 00:31:28,240 Speaker 2: over both domestic and national security issues came a day 659 00:31:28,280 --> 00:31:31,960 Speaker 2: after Israel carried out deadly aerial attacks across the Gaza 660 00:31:32,000 --> 00:31:34,840 Speaker 2: Strip in what Nannah who said was only the beginning. 661 00:31:35,040 --> 00:31:37,520 Speaker 2: The strikes ended a temporary truce with mas that began 662 00:31:37,560 --> 00:31:40,200 Speaker 2: in January and added to uncertainty over the fate of 663 00:31:40,280 --> 00:31:44,920 Speaker 2: hostages still held there. Bibe has his own, you know, 664 00:31:44,960 --> 00:31:47,600 Speaker 2: I mean, obviously his own domestic political concerns, but he 665 00:31:47,720 --> 00:31:51,480 Speaker 2: is this long pushed off corruption trial that was about 666 00:31:51,480 --> 00:31:53,600 Speaker 2: to be was about to have to give testimony and again, 667 00:31:53,680 --> 00:31:55,760 Speaker 2: oh whoops, now we're at war again, so I won't 668 00:31:55,800 --> 00:31:58,880 Speaker 2: have to do that. So it's very naked to a 669 00:31:58,920 --> 00:32:02,200 Speaker 2: lot of Israelis. How much of the war plan is 670 00:32:02,200 --> 00:32:06,560 Speaker 2: about BB's own personal interests versus you know, like I said. 671 00:32:06,360 --> 00:32:06,840 Speaker 3: A lot of them. 672 00:32:06,920 --> 00:32:09,520 Speaker 2: It's not that they're worried about the brutality versus these 673 00:32:09,560 --> 00:32:12,920 Speaker 2: of the Palestinians predominantly not, but they are worried about 674 00:32:12,920 --> 00:32:15,000 Speaker 2: being able to get their own hostages. 675 00:32:14,520 --> 00:32:15,200 Speaker 3: Back in one piece. 676 00:32:15,280 --> 00:32:17,360 Speaker 1: Yeah, there's also a scandal in Israel right now where 677 00:32:18,200 --> 00:32:22,360 Speaker 1: Bbe fired the head of the Shinbet, like their domestic agency, 678 00:32:22,760 --> 00:32:27,680 Speaker 1: and that was it's actually it's causing some like similar 679 00:32:27,840 --> 00:32:30,920 Speaker 1: court battles between the Israeli courts saying that they was 680 00:32:31,000 --> 00:32:34,040 Speaker 1: done illegally, which has now led to some deep state 681 00:32:34,360 --> 00:32:37,640 Speaker 1: convo which is predominantly hilarious. Let's put C three pleas 682 00:32:38,040 --> 00:32:40,920 Speaker 1: up on the screen from Benjamin Nett and yaho. He says, 683 00:32:41,000 --> 00:32:43,440 Speaker 1: in America and in Israel, when a strong wire right 684 00:32:43,480 --> 00:32:46,960 Speaker 1: wing leader wins an election, the leftist deep state weaponizes 685 00:32:47,000 --> 00:32:49,800 Speaker 1: the justice system to thwart the people's will. They won't 686 00:32:49,800 --> 00:32:53,120 Speaker 1: win in either place. We stand strong together, right, So 687 00:32:53,440 --> 00:32:56,560 Speaker 1: tying himself directly to our own domestic political situation, I 688 00:32:56,560 --> 00:33:00,320 Speaker 1: guess fairly considering how much influence they have over here. 689 00:33:00,320 --> 00:33:01,760 Speaker 1: But people should always remember, you know. 690 00:33:01,760 --> 00:33:04,040 Speaker 2: Look, I think Israel and replied to that too, Oh 691 00:33:04,040 --> 00:33:06,800 Speaker 2: Diddy's right cool something. Yeah, that's one of the like, 692 00:33:06,840 --> 00:33:08,840 Speaker 2: oh my god, dude, you are in the keep staying like, 693 00:33:08,960 --> 00:33:12,280 Speaker 2: how much of the new like revealed redactions in the 694 00:33:12,360 --> 00:33:15,400 Speaker 2: JFK files are like about Israel? 695 00:33:15,480 --> 00:33:20,160 Speaker 1: And well, yeah, we're going to have Jefferson morleyon he's 696 00:33:20,200 --> 00:33:23,040 Speaker 1: a great journalist about the JFK files, But overall it's 697 00:33:23,080 --> 00:33:25,440 Speaker 1: kind of disappointing, and it is something I always tell 698 00:33:25,520 --> 00:33:28,120 Speaker 1: people because they're like, oh, the files are and then 699 00:33:28,160 --> 00:33:30,840 Speaker 1: I'm like, guys, with nine to eleven, with JFK, with 700 00:33:31,240 --> 00:33:33,760 Speaker 1: the UFOs and all that, we almost kind of like 701 00:33:33,960 --> 00:33:36,320 Speaker 1: UFOs maybe aside there's a lot more we could learn. 702 00:33:36,520 --> 00:33:39,640 Speaker 1: But no, there's no government document that's like there are 703 00:33:39,840 --> 00:33:43,680 Speaker 1: visiting aliens. There's no government document that says we shot JFK. 704 00:33:43,920 --> 00:33:46,560 Speaker 1: A lot of the circumstantial evidence and all that, it's 705 00:33:46,560 --> 00:33:48,160 Speaker 1: all out there just but in terms of the fact 706 00:33:48,160 --> 00:33:51,520 Speaker 1: that the official narrative is completely BS and for the 707 00:33:51,600 --> 00:33:54,400 Speaker 1: CIA elements and all of that, the story has been 708 00:33:54,440 --> 00:33:57,600 Speaker 1: effectively known since nineteen nineties, I would say, And you know, 709 00:33:57,640 --> 00:34:00,440 Speaker 1: it's obviously popularized and a lot of people really paid 710 00:34:00,440 --> 00:34:03,040 Speaker 1: attention after Oliver Stone's movie, but even before that, the 711 00:34:03,080 --> 00:34:06,640 Speaker 1: whole Jim Garrison investigation, Americans by and large didn't believe 712 00:34:06,640 --> 00:34:08,839 Speaker 1: the story. I thought it was a conspiracy very very 713 00:34:08,840 --> 00:34:11,040 Speaker 1: early on. So I know, it is kind of disappointing 714 00:34:11,080 --> 00:34:12,480 Speaker 1: on that's the way that it's all shaken out. 715 00:34:12,560 --> 00:34:13,839 Speaker 3: On the BB deep state thing. 716 00:34:13,960 --> 00:34:15,880 Speaker 2: I mean, why wouldn't he say this because it's worked 717 00:34:15,960 --> 00:34:21,560 Speaker 2: so well, even like you know SBF going on, yeah, 718 00:34:21,560 --> 00:34:25,280 Speaker 2: on Tucker's show, and you know, certainly the Tates portraying 719 00:34:25,320 --> 00:34:29,160 Speaker 2: themselves some victims of some deep state, which Hunt Russell 720 00:34:29,200 --> 00:34:32,120 Speaker 2: Brand comes to mind as well. Eric Adams in New 721 00:34:32,200 --> 00:34:35,440 Speaker 2: York comes to mind as well. So try and true strategy. 722 00:34:35,520 --> 00:34:38,960 Speaker 2: So why wouldn't be be who certainly understands domestic political 723 00:34:40,440 --> 00:34:43,320 Speaker 2: strategies here within the US context, why wouldn't he also 724 00:34:43,680 --> 00:34:46,279 Speaker 2: go ahead and make himself a victim of the deep states? 725 00:34:47,280 --> 00:34:48,000 Speaker 1: You know what he's doing? 726 00:34:48,120 --> 00:34:49,440 Speaker 3: Yeah, absolutely incredible. 727 00:34:49,480 --> 00:34:51,359 Speaker 1: What's C four up there on the screen as well? 728 00:34:51,400 --> 00:34:54,360 Speaker 1: This is from Ken Klippenstein. This was actually really interesting. 729 00:34:54,400 --> 00:34:56,560 Speaker 1: It's basically about the quote Iran War Plan, and what 730 00:34:56,680 --> 00:34:59,960 Speaker 1: can can report, according to some of his sources and others, 731 00:35:00,200 --> 00:35:03,240 Speaker 1: is that inside of the Pentagon some war game plans 732 00:35:03,560 --> 00:35:06,400 Speaker 1: are now beginning to take shape. Now, obviously that's not 733 00:35:06,520 --> 00:35:09,239 Speaker 1: something that means it's going to happen, and of course 734 00:35:09,239 --> 00:35:11,879 Speaker 1: there's war plans for everything, but quote the new war 735 00:35:11,920 --> 00:35:16,280 Speaker 1: plan construct is itself new in that multilateral components including Israel, 736 00:35:16,280 --> 00:35:19,920 Speaker 1: working in unison with the golf partners, either indirectly or directly, 737 00:35:20,200 --> 00:35:22,200 Speaker 1: are now part of it. And the plan also includes 738 00:35:22,239 --> 00:35:25,600 Speaker 1: many different contingencies and levels of war, from crisis action 739 00:35:25,960 --> 00:35:29,160 Speaker 1: meaning response to events to quote deliberate planning which will 740 00:35:29,200 --> 00:35:32,000 Speaker 1: set scenarios to flow from the crises out of control, 741 00:35:32,040 --> 00:35:35,319 Speaker 1: including it up to obviously like invasion, full concept plan, 742 00:35:35,480 --> 00:35:39,640 Speaker 1: full operations. Look obviously, somebody ordered those plans to be 743 00:35:39,680 --> 00:35:43,959 Speaker 1: renewed for what purpose we don't know. Does bring to mind, gosh, 744 00:35:43,960 --> 00:35:47,080 Speaker 1: I'm blanking on the guy's name, Wesley something. He was 745 00:35:47,080 --> 00:35:49,960 Speaker 1: the general. He was the general during the after the 746 00:35:49,960 --> 00:35:52,360 Speaker 1: war on Tario came out and talked about war plans 747 00:35:52,440 --> 00:35:54,560 Speaker 1: that were for Iraq and for all the rest of 748 00:35:54,560 --> 00:35:56,480 Speaker 1: the Middle East. People often point back to that one 749 00:35:56,520 --> 00:36:00,120 Speaker 1: as evidence of like fore, planning for multiple invasions y 750 00:36:00,600 --> 00:36:02,880 Speaker 1: going forward. But anytime you see something like this, you 751 00:36:02,920 --> 00:36:05,600 Speaker 1: should of course take interest, why has this been ordered 752 00:36:05,680 --> 00:36:09,839 Speaker 1: for what purpose? Because the alternative could be to order 753 00:36:09,880 --> 00:36:12,640 Speaker 1: some revolutionary diplomacy. At the very same time, we do 754 00:36:12,760 --> 00:36:14,960 Speaker 1: know that Trump has apparently sent a letter to the 755 00:36:14,960 --> 00:36:17,200 Speaker 1: IATOLA being like, we need want to deal within the 756 00:36:17,200 --> 00:36:19,520 Speaker 1: next two months or something, But we haven't seen any 757 00:36:19,560 --> 00:36:20,120 Speaker 1: movement on that A. 758 00:36:20,440 --> 00:36:21,680 Speaker 3: No, quite the contrary. 759 00:36:21,719 --> 00:36:25,160 Speaker 2: I mean, I think because they're also re implementing the 760 00:36:25,560 --> 00:36:29,399 Speaker 2: maximum pressure strategy, and so I think that has I mean, 761 00:36:29,600 --> 00:36:31,680 Speaker 2: I don't know that Iran was going to be that 762 00:36:31,880 --> 00:36:34,719 Speaker 2: amenable to making a deal at this point anyway, given 763 00:36:34,760 --> 00:36:37,760 Speaker 2: that they already made a deal. And it backfired because 764 00:36:37,840 --> 00:36:39,719 Speaker 2: we pulled on you know, Trump one point, I oo 765 00:36:39,760 --> 00:36:41,640 Speaker 2: pulled out of the deal. Biden failed to get back 766 00:36:41,680 --> 00:36:43,839 Speaker 2: in or really show that much interest in getting back in, 767 00:36:44,280 --> 00:36:47,480 Speaker 2: and now you've got even more sanctions being applied to 768 00:36:47,520 --> 00:36:50,720 Speaker 2: them and threats coming from the White House. So it's 769 00:36:50,800 --> 00:36:53,520 Speaker 2: not looking great, but you listen, you never know. The 770 00:36:53,600 --> 00:36:55,919 Speaker 2: other thing that was really troubling that Ken was able 771 00:36:55,960 --> 00:36:57,640 Speaker 2: to report we can put this up on the screen 772 00:36:57,800 --> 00:37:01,920 Speaker 2: is as part of those war plans include a nuclear option, 773 00:37:02,480 --> 00:37:06,799 Speaker 2: and he points specifically to this comment that Trump made, 774 00:37:07,320 --> 00:37:09,800 Speaker 2: and Trump said this thing, he said, we can't let 775 00:37:10,160 --> 00:37:12,920 Speaker 2: Iran have a nuclear weapon. I would rather have a 776 00:37:12,960 --> 00:37:16,000 Speaker 2: piece deal than the other option. But the other option 777 00:37:16,520 --> 00:37:20,600 Speaker 2: will solve the problem. And Ken thinks this may be 778 00:37:21,040 --> 00:37:24,480 Speaker 2: an allusion to like a sort of vague allusion towards 779 00:37:24,520 --> 00:37:28,200 Speaker 2: this nuclear war plan which has been developed as part 780 00:37:28,200 --> 00:37:31,359 Speaker 2: of this larger menu of options with regard to an 781 00:37:31,400 --> 00:37:34,839 Speaker 2: all out war on Iran. So obviously all of this 782 00:37:35,040 --> 00:37:37,560 Speaker 2: is deeply troubling, and just to give you the latest 783 00:37:37,960 --> 00:37:40,680 Speaker 2: few updates from on the ground in Israel as well, 784 00:37:40,719 --> 00:37:42,799 Speaker 2: just to be as current as possible here, you did 785 00:37:42,840 --> 00:37:45,919 Speaker 2: have some Hamas was able to fire some rockets at 786 00:37:45,960 --> 00:37:48,680 Speaker 2: Tel Aviv, which obviously it's wild that at this point, 787 00:37:48,760 --> 00:37:51,759 Speaker 2: given how much destruction across the entire Gaza Strip, that 788 00:37:51,840 --> 00:37:56,080 Speaker 2: they still have that kind of capability. And per Haratz, 789 00:37:56,480 --> 00:38:01,799 Speaker 2: you also have updated death toll massive numbers of Palestinians 790 00:38:01,840 --> 00:38:04,640 Speaker 2: being killed this week by Israel. Over seven hundred and 791 00:38:04,640 --> 00:38:07,800 Speaker 2: ten Palestinians killed, nine hundred wounded in Israeli strikes in 792 00:38:07,840 --> 00:38:10,440 Speaker 2: the Gaza Strip just in the last forty eight hours. 793 00:38:10,480 --> 00:38:13,560 Speaker 2: Some of the patients died to a lack of medical equipment, 794 00:38:13,800 --> 00:38:18,440 Speaker 2: says the spokesperson for one hospital, and thousands of Israelis 795 00:38:18,440 --> 00:38:21,359 Speaker 2: continuing to march and protest in the street as this 796 00:38:21,480 --> 00:38:24,880 Speaker 2: ground invasion has officially begun in northern Gaza. The bombing 797 00:38:24,880 --> 00:38:28,759 Speaker 2: campaign obviously is all out and kind of no end 798 00:38:28,760 --> 00:38:30,479 Speaker 2: in sight here. I mean, at this point, there isn't 799 00:38:30,480 --> 00:38:34,640 Speaker 2: even you know, a pretense of looking to negotiate a 800 00:38:34,640 --> 00:38:37,120 Speaker 2: new ceasfire deal or looking to get back to Phase two, 801 00:38:37,200 --> 00:38:39,800 Speaker 2: et cetera. As we said when we covered this earlier 802 00:38:39,800 --> 00:38:41,960 Speaker 2: in the week, Bbe always made it clear heat and 803 00:38:42,000 --> 00:38:44,399 Speaker 2: really intend to go to phase two. The question mark 804 00:38:44,480 --> 00:38:47,160 Speaker 2: was whether the Trump administration was going to actually apply 805 00:38:47,280 --> 00:38:50,600 Speaker 2: pressure to force them to go to phase two. And 806 00:38:50,680 --> 00:38:52,640 Speaker 2: at this point it's pretty clear we have our answer there. 807 00:38:52,840 --> 00:38:56,160 Speaker 1: Yeah, that's right. All right, let's move on to the courts. 808 00:38:58,920 --> 00:39:00,800 Speaker 2: A bunch of updates for you warning about what is 809 00:39:00,840 --> 00:39:02,640 Speaker 2: going on in the court system. But let's go ahead 810 00:39:02,680 --> 00:39:07,040 Speaker 2: and start with this. Elon Musk continuing his attacks on judges. 811 00:39:07,160 --> 00:39:10,400 Speaker 2: This in a rather ill informed tweet, he says, quote, 812 00:39:10,440 --> 00:39:13,440 Speaker 2: this is a judicial coup. We need sixty senators to 813 00:39:13,440 --> 00:39:16,000 Speaker 2: impeach the judges and restore rule of the people. Okay, 814 00:39:16,160 --> 00:39:18,640 Speaker 2: this is where his South African roots are really coming out, 815 00:39:18,680 --> 00:39:21,840 Speaker 2: because first of all, impeachment happens in the House. Second 816 00:39:21,840 --> 00:39:24,280 Speaker 2: of all, to convict in the Senate, it takes sixty 817 00:39:24,280 --> 00:39:27,840 Speaker 2: seven senators. So nice try on that one, obviously community 818 00:39:27,840 --> 00:39:31,400 Speaker 2: noted on his own platform, But more significant than that, 819 00:39:31,480 --> 00:39:35,600 Speaker 2: I mean, this is part of a broader push towards 820 00:39:35,680 --> 00:39:38,960 Speaker 2: impeaching the judges, towards putting pressure on the judges. 821 00:39:39,040 --> 00:39:39,680 Speaker 3: On the President of. 822 00:39:39,640 --> 00:39:41,759 Speaker 2: The United States has echoed some of this language as well, 823 00:39:41,760 --> 00:39:42,719 Speaker 2: put D seven up on. 824 00:39:42,640 --> 00:39:43,319 Speaker 3: The screen here. 825 00:39:43,760 --> 00:39:48,479 Speaker 2: Elon has also donated to Republican members of Congress who 826 00:39:48,600 --> 00:39:54,759 Speaker 2: have directly supported impeaching judges. He's given the maximum allowable 827 00:39:54,840 --> 00:39:57,719 Speaker 2: direct contribution. It's something like sixty six hundred dollars. So 828 00:39:57,760 --> 00:39:59,680 Speaker 2: we're not talking about millions, y or soccer. It's more 829 00:39:59,719 --> 00:40:03,480 Speaker 2: about the message he's trying to send. And this has 830 00:40:03,520 --> 00:40:06,040 Speaker 2: been you know, one of the core things again that 831 00:40:06,080 --> 00:40:09,160 Speaker 2: has been different about Trump two point zero is Elon 832 00:40:09,480 --> 00:40:12,480 Speaker 2: from the very first fight made it clear he is 833 00:40:12,560 --> 00:40:16,680 Speaker 2: perfectly willing to use his billions in order to enforce 834 00:40:16,880 --> 00:40:21,120 Speaker 2: conformity from the Republican Party. And lo and behold, you know, 835 00:40:21,160 --> 00:40:23,160 Speaker 2: I mean, you combine that and with the fact that 836 00:40:23,160 --> 00:40:25,920 Speaker 2: Trump has just completely subsumed this party at this point, 837 00:40:26,120 --> 00:40:29,960 Speaker 2: but you have so much less actual dissent this time 838 00:40:30,080 --> 00:40:33,520 Speaker 2: when it comes to vote taking than you did in 839 00:40:33,760 --> 00:40:37,200 Speaker 2: Trump one point zero. And Elon again here signaling the 840 00:40:37,200 --> 00:40:40,719 Speaker 2: direction he wants Republican Republicans to go in with this 841 00:40:40,880 --> 00:40:45,080 Speaker 2: increasingly hostile view towards the federal judicial system. 842 00:40:45,160 --> 00:40:47,000 Speaker 1: Well, I am glad you agree with me, Crystal that 843 00:40:47,080 --> 00:40:49,840 Speaker 1: many foreigners don't have a civic understanding of America and 844 00:40:49,880 --> 00:40:52,759 Speaker 1: should perhaps keep their mouths shut a little bit. But 845 00:40:52,960 --> 00:40:55,400 Speaker 1: whenever they come here, just an idea, maybe if you're 846 00:40:55,440 --> 00:40:58,560 Speaker 1: a campus protester or something like, listen, I would you know, 847 00:40:58,640 --> 00:41:00,440 Speaker 1: maybe keep your bullshit a. 848 00:41:00,360 --> 00:41:02,719 Speaker 3: Lot in immigration if we're going to deport Elon Musky. 849 00:41:03,920 --> 00:41:06,520 Speaker 1: All right, well, he actually is a good example about 850 00:41:06,520 --> 00:41:09,520 Speaker 1: interlopers and all of that. But anyway, coming back to 851 00:41:09,560 --> 00:41:13,320 Speaker 1: the Musk point, it is important for people to understand 852 00:41:13,360 --> 00:41:15,440 Speaker 1: here that it is not like he's giving them a 853 00:41:15,480 --> 00:41:17,960 Speaker 1: ton of money. It's sixty six hundred dollars. It's really 854 00:41:18,040 --> 00:41:20,200 Speaker 1: about sending a message. And I would say that the 855 00:41:20,239 --> 00:41:23,520 Speaker 1: most important thing is generating the headlines for all of 856 00:41:23,560 --> 00:41:26,440 Speaker 1: the other Republicans who are in the House and in 857 00:41:26,480 --> 00:41:28,920 Speaker 1: the Senate to know that you're not just getting a 858 00:41:28,960 --> 00:41:31,400 Speaker 1: donation from Elon And obviously that will help in the 859 00:41:31,400 --> 00:41:34,440 Speaker 1: future with respect to America Pack and his other super 860 00:41:34,440 --> 00:41:37,399 Speaker 1: Pac organizations, But it's really about the boost that you're 861 00:41:37,440 --> 00:41:40,799 Speaker 1: getting within the Republican base and on their media, which 862 00:41:40,840 --> 00:41:43,400 Speaker 1: is predominantly at least the thought leaders and others getting 863 00:41:43,400 --> 00:41:46,440 Speaker 1: them from Twitter. People like us are covering the story, 864 00:41:46,719 --> 00:41:49,640 Speaker 1: and if you're a Republican legislator, the message is clear, 865 00:41:50,000 --> 00:41:52,440 Speaker 1: go along with this, and I'm going to get a 866 00:41:52,520 --> 00:41:55,600 Speaker 1: tongue bath from Elon on Twitter, which is very useful 867 00:41:55,600 --> 00:41:57,759 Speaker 1: to them whenever they go back to their district. It 868 00:41:57,800 --> 00:42:00,720 Speaker 1: helps them get on Box News, get some some media 869 00:42:00,920 --> 00:42:03,440 Speaker 1: publicity at elsewhere. So it's really just about moving the 870 00:42:03,440 --> 00:42:08,319 Speaker 1: incentives more towards like Elon's particular approval of you and 871 00:42:08,360 --> 00:42:10,640 Speaker 1: your ability and then thrive in the Republican Party in 872 00:42:10,680 --> 00:42:11,040 Speaker 1: the future. 873 00:42:11,120 --> 00:42:12,799 Speaker 3: It's that, and it's also. 874 00:42:13,960 --> 00:42:17,080 Speaker 2: If you you you know, get rewarded if you do 875 00:42:17,160 --> 00:42:19,920 Speaker 2: what I want you to do, and the threat is 876 00:42:19,960 --> 00:42:23,439 Speaker 2: also hanging over that of if you don't, then there's 877 00:42:23,520 --> 00:42:27,360 Speaker 2: going to be infinite money basically put towards a primary 878 00:42:27,480 --> 00:42:30,840 Speaker 2: challenger if you get crosswise, so you know, it is 879 00:42:30,840 --> 00:42:33,279 Speaker 2: is definitely intended to send a signal to all and 880 00:42:33,320 --> 00:42:36,880 Speaker 2: so far it's really worked. Actually, Lisa Murkowski was giving 881 00:42:36,880 --> 00:42:39,960 Speaker 2: some speech back in Alaska where she was talking about like, yeah, 882 00:42:40,000 --> 00:42:41,920 Speaker 2: he could fund a primary challenger. I could be done 883 00:42:41,920 --> 00:42:44,160 Speaker 2: tomorrow if he liked, you know, just drops however much 884 00:42:44,160 --> 00:42:44,799 Speaker 2: he wants to drop. 885 00:42:44,840 --> 00:42:47,480 Speaker 1: So they're definitely she thinks that's true because she survived. 886 00:42:47,920 --> 00:42:49,759 Speaker 3: She might be one of the rare ones that could 887 00:42:49,840 --> 00:42:50,640 Speaker 3: survive because. 888 00:42:50,880 --> 00:42:52,440 Speaker 1: Is so unique. 889 00:42:52,800 --> 00:42:55,960 Speaker 2: Yeah, but I mean that is there. They're definitely thinking 890 00:42:55,960 --> 00:42:58,719 Speaker 2: about it. Given how central money and politics is, and 891 00:42:58,719 --> 00:43:00,839 Speaker 2: and it's not just the money said, I mean, he's 892 00:43:00,880 --> 00:43:04,680 Speaker 2: got the President, he's got Twitter. They have so much 893 00:43:04,719 --> 00:43:06,680 Speaker 2: power and control over this party at this point that 894 00:43:06,760 --> 00:43:09,080 Speaker 2: even someone like Lisa Murkowski has to at least be 895 00:43:09,160 --> 00:43:11,640 Speaker 2: worried that it would be a problem for her. Let's 896 00:43:11,680 --> 00:43:13,680 Speaker 2: go ahead and put now D one up on the screen. 897 00:43:13,760 --> 00:43:18,000 Speaker 2: So very latest with regard to the Alien Enemies Act deportations. 898 00:43:18,400 --> 00:43:19,960 Speaker 3: So a judge warned of. 899 00:43:19,920 --> 00:43:25,640 Speaker 2: Possible consequences after DOJ pushback on questions about the deportation flight. 900 00:43:26,200 --> 00:43:27,920 Speaker 2: Let me read you a little bit of this here 901 00:43:28,000 --> 00:43:30,280 Speaker 2: so I can make sure to get the legalies correct. 902 00:43:30,360 --> 00:43:32,640 Speaker 2: So it says a federal judge Wednesday, warned of the 903 00:43:32,640 --> 00:43:34,600 Speaker 2: possibility of consequences. 904 00:43:33,960 --> 00:43:35,000 Speaker 3: After they pushed back. 905 00:43:35,560 --> 00:43:39,360 Speaker 2: US District Judge James Bosborg had ordered the Trump administration 906 00:43:39,440 --> 00:43:42,319 Speaker 2: to submit answers to his questions about the timing of 907 00:43:42,360 --> 00:43:46,680 Speaker 2: the deportation flights and custody handover of deporte deportees, giving 908 00:43:46,719 --> 00:43:50,000 Speaker 2: the government until noon Wednesday to respond. The government submitted 909 00:43:50,000 --> 00:43:53,239 Speaker 2: a filing Wednesday morning asked asking for a pause of 910 00:43:53,280 --> 00:43:56,560 Speaker 2: that order to answer his questions. It contended that the 911 00:43:56,600 --> 00:44:00,439 Speaker 2: answers could expose negotiations with foreign countries to Syria, risk 912 00:44:00,520 --> 00:44:05,759 Speaker 2: of micromanaged and unnecessary judicial fishing expeditions, and potential public disclosure. 913 00:44:06,440 --> 00:44:10,200 Speaker 2: The judge was not impressed with this. The government basically 914 00:44:10,280 --> 00:44:13,680 Speaker 2: threatened that they may invoked state secrets doctrine to keep 915 00:44:13,719 --> 00:44:17,360 Speaker 2: this all private, even though you know, we talked the 916 00:44:17,400 --> 00:44:20,319 Speaker 2: other day about we actually all know now because of 917 00:44:20,440 --> 00:44:24,359 Speaker 2: public flight tracking information, where the flights were, when they 918 00:44:24,360 --> 00:44:27,400 Speaker 2: took off, when they landed, all that stuff. Not to 919 00:44:27,520 --> 00:44:31,640 Speaker 2: mention that they themselves released and amplified these videos of 920 00:44:31,719 --> 00:44:34,920 Speaker 2: the you know, detainees and having their head shaved and 921 00:44:34,960 --> 00:44:38,520 Speaker 2: all that sort of stuff. So, in any case, the 922 00:44:38,680 --> 00:44:40,640 Speaker 2: judge said, the government's motion is the first time it 923 00:44:40,760 --> 00:44:44,480 Speaker 2: suggested that disclosing the information requested by the court could 924 00:44:44,480 --> 00:44:46,960 Speaker 2: amount the release of state secrets. To date, in fact, 925 00:44:46,960 --> 00:44:49,799 Speaker 2: the government has made no claim that information is even classified. 926 00:44:50,080 --> 00:44:52,760 Speaker 2: He continued, for example, the Secretary of State has revealed 927 00:44:52,800 --> 00:44:55,080 Speaker 2: many operational details of the flights, including the number of 928 00:44:55,080 --> 00:44:57,480 Speaker 2: people involved, many of their identities, the facility to which 929 00:44:57,480 --> 00:44:59,759 Speaker 2: they were brought, the manner of treatment, time window during 930 00:44:59,760 --> 00:45:02,919 Speaker 2: which these events occurred. Courts therefore unsure at this time 931 00:45:02,960 --> 00:45:06,160 Speaker 2: how compliance with its minute order would jeopardize state secrets. 932 00:45:06,160 --> 00:45:08,000 Speaker 3: He gave the Justice Department until noon. 933 00:45:07,920 --> 00:45:11,960 Speaker 2: Thursday, that's today, possibly after this even gets posted to 934 00:45:12,080 --> 00:45:15,160 Speaker 2: either answer his questions about the flights or invoke the 935 00:45:15,160 --> 00:45:18,080 Speaker 2: State Secrets doctor and explain the basis for such invocation. 936 00:45:18,239 --> 00:45:21,680 Speaker 2: So TLDR is they're still trying to stonewall and the 937 00:45:21,760 --> 00:45:23,320 Speaker 2: judges getting increasingly impatient. 938 00:45:23,480 --> 00:45:25,799 Speaker 1: Yes, and they may get held in contempt. Even if 939 00:45:25,800 --> 00:45:27,840 Speaker 1: they do, it's going to go on a rocket to 940 00:45:27,920 --> 00:45:30,000 Speaker 1: the Appellate Court, and then from the Appellate Court it's 941 00:45:30,000 --> 00:45:32,160 Speaker 1: going to go to the Supreme Court. So there's still 942 00:45:32,239 --> 00:45:35,560 Speaker 1: quite a bit to happen here. Bringing back to the 943 00:45:35,640 --> 00:45:38,759 Speaker 1: judge conversation, it is just becoming clear that there are 944 00:45:38,840 --> 00:45:41,160 Speaker 1: so many of these things. I have spoke to one 945 00:45:41,239 --> 00:45:44,080 Speaker 1: friend who said that this might actually be packaged with 946 00:45:44,120 --> 00:45:47,440 Speaker 1: the multitude of the other judges orders, so that Scotus 947 00:45:47,480 --> 00:45:50,040 Speaker 1: tries to get ahead of like being I mean, you 948 00:45:50,080 --> 00:45:52,279 Speaker 1: know what, in the last forty eight hours, we've had 949 00:45:52,320 --> 00:45:56,880 Speaker 1: the USAID Court decision, the transgender decision, there was USIP 950 00:45:57,400 --> 00:46:00,359 Speaker 1: and there's also this one. So it is one that no, 951 00:46:00,400 --> 00:46:03,319 Speaker 1: I actually am missing one. I'm forgetting exactly what it is. 952 00:46:03,360 --> 00:46:05,480 Speaker 1: But that's five literally just in the last like seventy 953 00:46:05,520 --> 00:46:08,520 Speaker 1: two hours, that these questions of temporary restraining order in 954 00:46:08,560 --> 00:46:11,560 Speaker 1: the role of district depellate and timely process and all 955 00:46:11,600 --> 00:46:13,920 Speaker 1: of that could be picked up by SCOTUS asap in 956 00:46:14,040 --> 00:46:17,000 Speaker 1: order to head off future like showdowns like the one 957 00:46:17,000 --> 00:46:17,839 Speaker 1: that we're seeing right now. 958 00:46:17,920 --> 00:46:22,319 Speaker 2: Yeah, you reference the USIP one. Let's see, this is 959 00:46:22,400 --> 00:46:24,440 Speaker 2: D four we can put up on the screen. Is 960 00:46:24,520 --> 00:46:27,799 Speaker 2: just the latest info here. A judge has denied a 961 00:46:27,800 --> 00:46:30,080 Speaker 2: restraining order to block DOGE from its takeover of the 962 00:46:30,160 --> 00:46:33,560 Speaker 2: US Institute of Peace, saying that despite being offended by 963 00:46:33,600 --> 00:46:36,239 Speaker 2: DOJ's hostile ands writing treatment of American citizens, there are 964 00:46:36,280 --> 00:46:38,680 Speaker 2: issues with the merits of the lawsuit. 965 00:46:38,840 --> 00:46:40,520 Speaker 3: So that one, you. 966 00:46:40,480 --> 00:46:43,520 Speaker 2: Know, no final ruling here, but a temporary restraining order 967 00:46:43,560 --> 00:46:46,759 Speaker 2: in this instance was denied, and then I believe they'll 968 00:46:46,800 --> 00:46:50,280 Speaker 2: begin to weigh in on the merits next week Monday, 969 00:46:50,280 --> 00:46:54,080 Speaker 2: if memory serves so that's basically the latest. 970 00:46:54,080 --> 00:46:58,760 Speaker 3: But you know, I mean the campaign around pressuring. 971 00:46:58,320 --> 00:47:02,200 Speaker 2: The judges is a central part of their strategy at 972 00:47:02,239 --> 00:47:06,120 Speaker 2: this point, and you know, floating impeachment for judges, Elon 973 00:47:06,360 --> 00:47:10,160 Speaker 2: floating like putting his money behind it. Trump was asked 974 00:47:10,200 --> 00:47:12,359 Speaker 2: Ryan and Emily played this was asked about like, oh, 975 00:47:12,360 --> 00:47:14,799 Speaker 2: would you ever just defy their court orders? And he 976 00:47:14,880 --> 00:47:17,600 Speaker 2: said no, But you need to look at some of 977 00:47:17,640 --> 00:47:19,400 Speaker 2: these judges. You need to look into some of these 978 00:47:19,480 --> 00:47:21,960 Speaker 2: judges seem to be sort of like tacitly backing this 979 00:47:22,080 --> 00:47:24,759 Speaker 2: direction to put pressure on them. You know, do I 980 00:47:24,800 --> 00:47:27,200 Speaker 2: think that any of them could actually get impeached? Given that, 981 00:47:27,400 --> 00:47:30,479 Speaker 2: as Elon apparently doesn't know, it takes sixty seven votes 982 00:47:30,520 --> 00:47:33,200 Speaker 2: in the Senate in order to impeach, I think that 983 00:47:33,360 --> 00:47:37,000 Speaker 2: is not going to happen. But you know, they again 984 00:47:37,120 --> 00:47:40,160 Speaker 2: are trying to send a message and make it uncomfortable. 985 00:47:40,560 --> 00:47:42,920 Speaker 2: I think in some of these instances it could backfire. 986 00:47:42,920 --> 00:47:44,200 Speaker 3: I mean, these are human beings. 987 00:47:44,280 --> 00:47:47,560 Speaker 2: If you're aggressively threatening them, et cetera, sometimes people get 988 00:47:47,560 --> 00:47:50,080 Speaker 2: their backup and it makes them even more determined. But 989 00:47:50,239 --> 00:47:53,000 Speaker 2: you know the other thing with regard to this particular judge, 990 00:47:53,040 --> 00:47:56,200 Speaker 2: Bosberg is like, if you look at his case record, 991 00:47:56,480 --> 00:47:59,160 Speaker 2: he's definitely not like a lip. He was actually put 992 00:47:59,160 --> 00:48:00,719 Speaker 2: in place first by George W. 993 00:48:00,840 --> 00:48:01,360 Speaker 3: Bush. 994 00:48:01,640 --> 00:48:03,920 Speaker 2: He's had a bunch of decisions that actually went in 995 00:48:04,000 --> 00:48:09,480 Speaker 2: favor of Trump, and so you know, the caricature of 996 00:48:09,560 --> 00:48:11,839 Speaker 2: him is certainly not accurate in terms of the way 997 00:48:11,840 --> 00:48:14,439 Speaker 2: he's being portrayed as some quote unquote radical left judge. 998 00:48:14,520 --> 00:48:17,239 Speaker 1: Yeah, I mean, it is annoying to see them try 999 00:48:17,239 --> 00:48:19,480 Speaker 1: and paint that as both were pointing out his wife 1000 00:48:19,560 --> 00:48:23,160 Speaker 1: or his daughter or whatever. I do just I mean, look, 1001 00:48:23,160 --> 00:48:24,680 Speaker 1: we talked about this in our debate. I think it's 1002 00:48:24,719 --> 00:48:26,640 Speaker 1: crazy the idea that a judge could take a US 1003 00:48:26,719 --> 00:48:28,799 Speaker 1: military aircraft and to turn around. 1004 00:48:28,640 --> 00:48:32,120 Speaker 2: Or it actually wasn't a military aircraft, it was an 1005 00:48:32,280 --> 00:48:38,400 Speaker 2: ice chartered flight. But you know, the there's many instances 1006 00:48:39,040 --> 00:48:43,440 Speaker 2: of judge rulings having an impact on things that happen 1007 00:48:43,640 --> 00:48:48,800 Speaker 2: overseas because you're ruling applies to the agency. The agency 1008 00:48:48,920 --> 00:48:51,879 Speaker 2: is giving the direction, and so this is not it's 1009 00:48:51,880 --> 00:48:53,399 Speaker 2: not crazy, it's not unprecedented. 1010 00:48:53,440 --> 00:48:54,359 Speaker 3: It's happened many times. 1011 00:48:54,400 --> 00:48:56,000 Speaker 1: I was about to zoom out a little bit and 1012 00:48:56,000 --> 00:48:57,760 Speaker 1: not just talk about the flight. But like, for example, 1013 00:48:57,800 --> 00:49:00,200 Speaker 1: the transgender order. You know, it's like this, this was 1014 00:49:00,200 --> 00:49:05,279 Speaker 1: a policy implemented by executive review by the Obama administration, 1015 00:49:05,560 --> 00:49:09,040 Speaker 1: then flipped by the Trump administration, and now the judge 1016 00:49:09,239 --> 00:49:13,360 Speaker 1: ruling that actually this violates the law is literally citing 1017 00:49:13,400 --> 00:49:17,239 Speaker 1: Hamilton in their footnotes. So like, let's all also be 1018 00:49:17,280 --> 00:49:18,359 Speaker 1: like a little bit honest here. 1019 00:49:18,520 --> 00:49:20,200 Speaker 3: Yeah, but that's fine, but that's why you have an 1020 00:49:20,200 --> 00:49:21,080 Speaker 3: appeals No. 1021 00:49:21,040 --> 00:49:23,719 Speaker 1: I'm not I mean disputing that, but I'm just I 1022 00:49:23,760 --> 00:49:26,719 Speaker 1: get very annoyed at this idea that like there's this 1023 00:49:26,840 --> 00:49:30,640 Speaker 1: worship of fullness of the judges and the courts. When 1024 00:49:31,080 --> 00:49:35,000 Speaker 1: anytime some crackpot judge in Texas rules on myth of pristone, 1025 00:49:35,000 --> 00:49:37,839 Speaker 1: it's like, oh, the courts are legitimate. This is ridiculous. 1026 00:49:38,040 --> 00:49:40,120 Speaker 1: When the Supreme Court rolls on Scotus, it's like, oh, 1027 00:49:40,160 --> 00:49:42,560 Speaker 1: we got to pack the court. It's like, let's be 1028 00:49:42,600 --> 00:49:46,560 Speaker 1: honest here about like reverence and annoyance for judges, both 1029 00:49:46,600 --> 00:49:49,400 Speaker 1: on sides of the political spectrum and for where that 1030 00:49:49,440 --> 00:49:52,279 Speaker 1: appeals process comes in. I mean, I genuinely do think 1031 00:49:52,320 --> 00:49:54,719 Speaker 1: many of these judges' orders are patently insane. Like the 1032 00:49:54,719 --> 00:49:58,880 Speaker 1: transgender one in particular, I'm like, what, like, under what 1033 00:49:59,320 --> 00:50:01,960 Speaker 1: rule are you allowed to say that this is some 1034 00:50:02,120 --> 00:50:05,120 Speaker 1: like civil rights violation when it was an executive policy 1035 00:50:05,480 --> 00:50:08,640 Speaker 1: from the very beginning that was put into place by Obama, 1036 00:50:08,680 --> 00:50:11,480 Speaker 1: flipped by Trump and now basically put back into place 1037 00:50:11,520 --> 00:50:13,719 Speaker 1: by Biden and then flipped by Trump again. It is 1038 00:50:13,760 --> 00:50:16,440 Speaker 1: just so obviously within the Article two powers of the 1039 00:50:16,440 --> 00:50:19,840 Speaker 1: Commander in Chief under the US Constitution. Now this is 1040 00:50:19,880 --> 00:50:22,040 Speaker 1: going to take forever in terms of pushing things to 1041 00:50:22,160 --> 00:50:24,680 Speaker 1: the court. Like That's why, if anything, I'm cheering for 1042 00:50:24,920 --> 00:50:27,319 Speaker 1: like a fulsome decision, because this is not the way 1043 00:50:27,320 --> 00:50:30,040 Speaker 1: that a government should be run, like literally constantly being 1044 00:50:30,120 --> 00:50:32,839 Speaker 1: changed by some district court. We saw the same thing 1045 00:50:32,840 --> 00:50:34,719 Speaker 1: at the first Trump The reason, but I mean some 1046 00:50:34,760 --> 00:50:38,080 Speaker 1: Hawaii judge, the reason is this is not this is 1047 00:50:38,120 --> 00:50:39,719 Speaker 1: not legitimate. 1048 00:50:39,239 --> 00:50:42,640 Speaker 2: And I haven't I haven't acquainted myself really with the 1049 00:50:42,920 --> 00:50:46,200 Speaker 2: transgender to say, I haven't Dog Hamilton, I haven't dug 1050 00:50:46,239 --> 00:50:48,600 Speaker 2: into the you know, legal merits of the case, et cetera. 1051 00:50:48,719 --> 00:50:50,160 Speaker 2: So I don't want to apply it on that one. 1052 00:50:50,200 --> 00:50:52,400 Speaker 2: But I mean, the reason that there's so many court 1053 00:50:52,719 --> 00:50:54,920 Speaker 2: decisions is because they're violating the law so. 1054 00:50:54,880 --> 00:50:57,120 Speaker 3: Frequently, like that's the reason why. 1055 00:50:57,200 --> 00:51:00,799 Speaker 2: And I mean you've had judges that Trump pointed rule 1056 00:51:00,840 --> 00:51:04,200 Speaker 2: against Trump, You've had George W. Bush appointees, You've had 1057 00:51:04,280 --> 00:51:08,759 Speaker 2: you know, across the spectrum. Because what they're doing is 1058 00:51:08,800 --> 00:51:11,839 Speaker 2: so extreme. Now much of this will I mean, we'll 1059 00:51:11,840 --> 00:51:13,360 Speaker 2: go through the Pels process and we'll go up to 1060 00:51:13,400 --> 00:51:15,800 Speaker 2: the Supreme Court. That's the way that this is supposed 1061 00:51:15,800 --> 00:51:19,799 Speaker 2: to go. But you know, I mean to discuss that 1062 00:51:19,840 --> 00:51:22,080 Speaker 2: this is a concertative strategy for them to try to 1063 00:51:22,120 --> 00:51:25,360 Speaker 2: intimidate the judges, put pressure on them, and they also 1064 00:51:26,160 --> 00:51:28,120 Speaker 2: you know, they're playing this game where they are in 1065 00:51:28,160 --> 00:51:30,160 Speaker 2: defiance of court orders. I mean with the with the 1066 00:51:30,160 --> 00:51:32,440 Speaker 2: planes is probably the most brazen example, but also with 1067 00:51:32,600 --> 00:51:35,839 Speaker 2: USAID and a bunch of these other decisions. The judge 1068 00:51:35,880 --> 00:51:38,040 Speaker 2: will issue a very cool, clear ruling and they'll just 1069 00:51:38,080 --> 00:51:40,839 Speaker 2: be like no, and they'll come up with some right, oh, 1070 00:51:40,880 --> 00:51:43,080 Speaker 2: well we didn't understand or we thought you meant this, 1071 00:51:43,239 --> 00:51:45,560 Speaker 2: or actually we're doing it under this other power whatever. 1072 00:51:46,200 --> 00:51:48,200 Speaker 3: But it does stack up to. 1073 00:51:48,560 --> 00:51:52,680 Speaker 2: Persistent defiance of the courts in a way that is extraordinary, 1074 00:51:52,760 --> 00:51:55,719 Speaker 2: in a way that we have not seen before. And 1075 00:51:56,000 --> 00:51:58,800 Speaker 2: you know that does represent a sort of new era 1076 00:51:58,960 --> 00:52:03,880 Speaker 2: and new approach where he's trying to consolidate and very effectively, 1077 00:52:03,920 --> 00:52:06,360 Speaker 2: so all of this power in the executive so that 1078 00:52:06,440 --> 00:52:08,879 Speaker 2: he and Elon can basically do whatever they want. They've 1079 00:52:08,920 --> 00:52:12,720 Speaker 2: already destroyed that, like the Congress has given up their power. 1080 00:52:12,719 --> 00:52:14,640 Speaker 2: They don't even want to have power anymore, so that 1081 00:52:14,680 --> 00:52:16,879 Speaker 2: one's dead and gone, and the only thing that's left 1082 00:52:17,040 --> 00:52:19,279 Speaker 2: is the judiciary to serve as any sort of check 1083 00:52:19,640 --> 00:52:22,440 Speaker 2: on an executive. And that means you know, not just 1084 00:52:22,480 --> 00:52:24,759 Speaker 2: Trump who you feel more comfortable with, but if there 1085 00:52:24,840 --> 00:52:28,279 Speaker 2: is another you know, election with a Democratic elected, then 1086 00:52:28,280 --> 00:52:31,440 Speaker 2: it would they could easily take up that same approach 1087 00:52:31,840 --> 00:52:33,399 Speaker 2: for ends that you would not be. 1088 00:52:33,360 --> 00:52:34,920 Speaker 3: Excited about, it would not approve of. 1089 00:52:35,320 --> 00:52:38,160 Speaker 2: But so yeah, so, I mean that's why these battles 1090 00:52:38,200 --> 00:52:41,359 Speaker 2: are significant and important, and why they're approach to them 1091 00:52:41,760 --> 00:52:45,120 Speaker 2: truly is different. I mean, we haven't had set for 1092 00:52:45,800 --> 00:52:49,319 Speaker 2: two hundred plus years, we've had a consensus that you 1093 00:52:49,600 --> 00:52:51,719 Speaker 2: don't try to impeach a judge over a ruling you 1094 00:52:51,760 --> 00:52:55,479 Speaker 2: don't like, and that's something they're seeking to change. That's 1095 00:52:55,520 --> 00:52:57,040 Speaker 2: really noteworthy and it's really different. 1096 00:52:57,160 --> 00:52:59,160 Speaker 1: Well, I mean, I wouldn't take it. It's not like 1097 00:52:59,200 --> 00:53:01,560 Speaker 1: there weren't calls FDR Era and all end to impeach 1098 00:53:02,120 --> 00:53:04,920 Speaker 1: during Lincoln as well to impeach judges for people who 1099 00:53:05,000 --> 00:53:07,399 Speaker 1: they disagreed with. It's just that usually they don't rise 1100 00:53:07,400 --> 00:53:09,200 Speaker 1: to that level because you need sixty seven people to 1101 00:53:09,239 --> 00:53:10,480 Speaker 1: do it, and it's not going to happen. So I 1102 00:53:10,520 --> 00:53:12,720 Speaker 1: think I agree with you that it's not going to happen. 1103 00:53:12,760 --> 00:53:15,080 Speaker 1: I just am saying at a philosophical level in a 1104 00:53:15,080 --> 00:53:17,560 Speaker 1: certain sense, like what is happening here is kind of 1105 00:53:17,640 --> 00:53:19,680 Speaker 1: like a left fever dream that was under the Biden 1106 00:53:19,719 --> 00:53:22,880 Speaker 1: administration where they just desperately wanted Biden to defy the 1107 00:53:22,880 --> 00:53:25,640 Speaker 1: courts on student loans or I've talked previously about like 1108 00:53:25,760 --> 00:53:29,680 Speaker 1: maximum stretch executive power. This is basically an idea of 1109 00:53:29,800 --> 00:53:32,719 Speaker 1: like seizing government as opposed to or seizing government in 1110 00:53:32,760 --> 00:53:35,080 Speaker 1: this case for the sake of dismantling government. And probably 1111 00:53:35,120 --> 00:53:36,960 Speaker 1: the left case is seizing government in the case of 1112 00:53:37,000 --> 00:53:39,520 Speaker 1: actually trying to exercise the power of the government. But 1113 00:53:39,600 --> 00:53:43,400 Speaker 1: in both they're trying to invest more in the executive 1114 00:53:43,400 --> 00:53:47,080 Speaker 1: authority under that present and as always in this district 1115 00:53:47,120 --> 00:53:49,400 Speaker 1: judge thing, I think we also have to take a 1116 00:53:49,440 --> 00:53:51,480 Speaker 1: step back I saw somebody make a good point is 1117 00:53:51,520 --> 00:53:54,200 Speaker 1: that a single district judge, and there's seven hundred district judges, 1118 00:53:54,480 --> 00:53:58,160 Speaker 1: actually has more power than a single Supreme Court justice 1119 00:53:58,280 --> 00:54:00,520 Speaker 1: in the sense that a single district judge can inch 1120 00:54:00,640 --> 00:54:03,600 Speaker 1: issue a temporary restraining order that applies to the entire 1121 00:54:03,760 --> 00:54:06,560 Speaker 1: United States federal government, whereas it takes five out of 1122 00:54:06,600 --> 00:54:10,800 Speaker 1: the nine justices to actually implement a policy that basically 1123 00:54:10,880 --> 00:54:13,279 Speaker 1: is the ultimate ruling of the Supreme Court of the 1124 00:54:13,400 --> 00:54:17,040 Speaker 1: United States. And process by death by process is a 1125 00:54:17,200 --> 00:54:20,120 Speaker 1: Washington thing as old as time throwing the wrenches. Now, 1126 00:54:20,120 --> 00:54:22,040 Speaker 1: I don't disagree that the Trump administration, all of them, 1127 00:54:22,080 --> 00:54:25,279 Speaker 1: have taken extraordinary action on USAID and all this other 1128 00:54:25,400 --> 00:54:26,960 Speaker 1: many of which I disagree with and I actually think 1129 00:54:27,000 --> 00:54:30,920 Speaker 1: is quite stupid. But the district judge point about governance 1130 00:54:30,960 --> 00:54:34,040 Speaker 1: by judiciary, where it's just this constant judge shopping both 1131 00:54:34,120 --> 00:54:37,360 Speaker 1: left and right for where they're looking at that system 1132 00:54:37,480 --> 00:54:40,120 Speaker 1: is genuinely kind of insane. Now, is it better to 1133 00:54:40,160 --> 00:54:44,880 Speaker 1: have some dictator in Elon and Trump? No, not necessarily, 1134 00:54:44,920 --> 00:54:46,920 Speaker 1: but I do think that people should look at this 1135 00:54:47,000 --> 00:54:49,480 Speaker 1: and say this is not really the correct way, or 1136 00:54:49,520 --> 00:54:52,319 Speaker 1: at least I think how judicial review was supposed to 1137 00:54:52,360 --> 00:54:55,480 Speaker 1: be put into place where there's this constant back and 1138 00:54:55,520 --> 00:54:57,920 Speaker 1: forth and then this district judge is invested with all 1139 00:54:57,920 --> 00:55:00,720 Speaker 1: this power and then sometimes we have to wait months 1140 00:55:00,760 --> 00:55:02,840 Speaker 1: for an appellate process or whatever to go through the 1141 00:55:02,840 --> 00:55:06,040 Speaker 1: Supreme Court on a timely basis. You know, there is uh, 1142 00:55:06,200 --> 00:55:08,600 Speaker 1: there is genuinely like a criticism I think to be 1143 00:55:08,719 --> 00:55:11,400 Speaker 1: had of the way that this is playing out on 1144 00:55:11,440 --> 00:55:12,320 Speaker 1: a practical level. 1145 00:55:12,440 --> 00:55:15,480 Speaker 2: The time benefits trump the fact that it's oh a 1146 00:55:15,719 --> 00:55:19,280 Speaker 2: hundred percent because think about I mean, this is their strategy. 1147 00:55:19,320 --> 00:55:22,560 Speaker 2: This is what Ban and Another's talk about is flood 1148 00:55:22,600 --> 00:55:26,279 Speaker 2: the zone and overwhelm these institutions. And while it's having 1149 00:55:26,320 --> 00:55:29,480 Speaker 2: to slowly work its way through this process and appeals 1150 00:55:29,480 --> 00:55:31,680 Speaker 2: court and eventually maybe go to the Supreme Court, et cetera. 1151 00:55:32,440 --> 00:55:36,759 Speaker 2: Usaada is destroyed, CFPB is destroyed, like there is. 1152 00:55:37,120 --> 00:55:37,799 Speaker 3: That is what. 1153 00:55:37,719 --> 00:55:41,120 Speaker 2: They're counting on is for it to take a long time. 1154 00:55:41,520 --> 00:55:44,160 Speaker 2: And in the meantime, you know, as we've said before, 1155 00:55:44,280 --> 00:55:46,319 Speaker 2: federal government agents like it's not a switch you can 1156 00:55:46,360 --> 00:55:46,799 Speaker 2: flip on. 1157 00:55:46,760 --> 00:55:48,160 Speaker 3: And off in a meantime. 1158 00:55:48,239 --> 00:55:51,799 Speaker 2: In the meantime, incredible damage is being done that no 1159 00:55:51,920 --> 00:55:55,640 Speaker 2: court will be adequate to undo. Now, can they forestall 1160 00:55:55,840 --> 00:56:00,760 Speaker 2: some of the worst damage potentially, But you know, we've 1161 00:56:00,800 --> 00:56:04,279 Speaker 2: already seen the way that this unfolds, so I view 1162 00:56:04,320 --> 00:56:08,520 Speaker 2: it quite the polar opposite. Number one, the time that 1163 00:56:08,560 --> 00:56:11,520 Speaker 2: it takes only benefits Trump. You know, even if we 1164 00:56:11,600 --> 00:56:14,520 Speaker 2: just look at this discrete example of the planes that 1165 00:56:14,560 --> 00:56:17,080 Speaker 2: we're able to take off while a judge is having 1166 00:56:17,120 --> 00:56:20,360 Speaker 2: to like just give the most basics of deliberation, you 1167 00:56:20,400 --> 00:56:23,359 Speaker 2: know that's already it's done and dusted and those people 1168 00:56:23,440 --> 00:56:27,080 Speaker 2: are gone, and like that's that. So you know, even 1169 00:56:27,080 --> 00:56:29,440 Speaker 2: in that discrete example, you can see the way that 1170 00:56:29,480 --> 00:56:32,960 Speaker 2: they're able to accomplish some of their objectives just by 1171 00:56:33,000 --> 00:56:35,200 Speaker 2: taking advantage of the fact that it takes time with 1172 00:56:35,280 --> 00:56:39,080 Speaker 2: the courts. But I also think that what they're doing 1173 00:56:39,680 --> 00:56:44,520 Speaker 2: by violating so many laws and constitutional and you know, 1174 00:56:44,560 --> 00:56:50,279 Speaker 2: the constitution at once, is they are overwhelming the court 1175 00:56:50,360 --> 00:56:53,960 Speaker 2: system and seizing so much more power from it and 1176 00:56:54,160 --> 00:56:57,279 Speaker 2: betting that it's going to be effectively inadequate ultimately to 1177 00:56:57,320 --> 00:57:00,000 Speaker 2: be able to you know, forestall them achieving their objective. 1178 00:57:00,520 --> 00:57:02,560 Speaker 2: So quite to the contrary of like the court system 1179 00:57:02,560 --> 00:57:05,080 Speaker 2: being so powerful, I think the court system looks pretty 1180 00:57:05,120 --> 00:57:08,400 Speaker 2: weak right now. In terms of being able to, you know, 1181 00:57:08,600 --> 00:57:11,960 Speaker 2: stop what many lawyers across the political spectrum, like I said, 1182 00:57:11,960 --> 00:57:14,560 Speaker 2: Trump appointees, Obama appointees, George W. 1183 00:57:14,640 --> 00:57:16,560 Speaker 3: Bush appointees, all across. 1184 00:57:16,240 --> 00:57:22,080 Speaker 2: The board have said looks to be illegal, unconstitutional violations 1185 00:57:22,160 --> 00:57:25,040 Speaker 2: of the law. So, you know, I guess I see 1186 00:57:25,040 --> 00:57:28,160 Speaker 2: it com like polar opposite rather than they think of 1187 00:57:28,200 --> 00:57:30,760 Speaker 2: these individual district court judges are like so powerful. I 1188 00:57:30,760 --> 00:57:34,720 Speaker 2: think the whole judiciary put together is really it's the 1189 00:57:34,760 --> 00:57:38,400 Speaker 2: only institutional check on this administration. But I'm under no 1190 00:57:38,480 --> 00:57:39,840 Speaker 2: illusions that it's like sufficient. 1191 00:57:40,080 --> 00:57:42,760 Speaker 1: I take your point, but I think it's because you see, 1192 00:57:42,920 --> 00:57:44,920 Speaker 1: you know, what they want to do, like let's say 1193 00:57:44,960 --> 00:57:46,920 Speaker 1: the Department of Education. They want to eradicate the Department 1194 00:57:46,920 --> 00:57:48,880 Speaker 1: of Education. It's right, Okay, well you can't literally do that, 1195 00:57:48,960 --> 00:57:52,000 Speaker 1: so they're try do fifty percent. Let's or USAID even 1196 00:57:52,040 --> 00:57:54,000 Speaker 1: better example, Yes, you can stop the funding, but if 1197 00:57:54,000 --> 00:57:55,600 Speaker 1: they order you to get it back and it's back 1198 00:57:55,840 --> 00:57:58,040 Speaker 1: in a year, sure you've caused some chaos in the interim, 1199 00:57:58,080 --> 00:58:00,200 Speaker 1: but you have made no substance of real change the 1200 00:58:00,240 --> 00:58:03,160 Speaker 1: overall arc of the US government. You might have knocked 1201 00:58:03,160 --> 00:58:05,160 Speaker 1: it off like a little bit in terms of all 1202 00:58:05,200 --> 00:58:07,640 Speaker 1: of this funding, but you know it'll heal and it'll 1203 00:58:07,680 --> 00:58:10,240 Speaker 1: go right back to funding the same NGOs let's say 1204 00:58:10,240 --> 00:58:13,000 Speaker 1: five years from now under a democratic president. And in 1205 00:58:13,600 --> 00:58:16,440 Speaker 1: the district judge case, like for example, you're talking about 1206 00:58:16,520 --> 00:58:18,040 Speaker 1: the planes, it's like, well you could see it in 1207 00:58:18,040 --> 00:58:20,880 Speaker 1: that sense, it's like, yeah, all those people have been deported, 1208 00:58:20,920 --> 00:58:22,600 Speaker 1: but if you wanted to continue to make this like 1209 00:58:22,640 --> 00:58:25,400 Speaker 1: a long standing policy, it's literally not happening. I think 1210 00:58:25,480 --> 00:58:29,080 Speaker 1: that's probably a good outcome if you're some liberal ACLU 1211 00:58:29,120 --> 00:58:31,880 Speaker 1: immigration lawyer. So the point is is that you may 1212 00:58:31,880 --> 00:58:34,720 Speaker 1: are not getting everything that you want, but like on balance, 1213 00:58:34,760 --> 00:58:36,960 Speaker 1: you are actually putting a stop to a lot of 1214 00:58:37,000 --> 00:58:40,720 Speaker 1: the policy or even the implementation of long standing ones. 1215 00:58:40,760 --> 00:58:43,200 Speaker 1: So I do want to see a resolution like to 1216 00:58:43,280 --> 00:58:47,000 Speaker 1: this because in a sense too, the chaos becoming the story. 1217 00:58:47,160 --> 00:58:49,000 Speaker 1: It's like what we were talking about with tariffs. With 1218 00:58:49,120 --> 00:58:52,240 Speaker 1: the chaos becoming the story, you get all the political 1219 00:58:52,280 --> 00:58:55,640 Speaker 1: backlash of something and not even any of the so 1220 00:58:55,720 --> 00:58:58,640 Speaker 1: called intended benefit that was supposed to come as a 1221 00:58:58,680 --> 00:59:01,640 Speaker 1: result of this. So you may get all the political 1222 00:59:01,680 --> 00:59:04,919 Speaker 1: backlash of deportation something like that, and not actually even 1223 00:59:05,000 --> 00:59:07,800 Speaker 1: have any deportation. So in a sense, you don't even 1224 00:59:07,920 --> 00:59:12,000 Speaker 1: really get what you voted for and the policy, while 1225 00:59:12,040 --> 00:59:15,160 Speaker 1: at the same time you're inviting all of this court 1226 00:59:15,200 --> 00:59:19,520 Speaker 1: and district battle after over every single executive action. And 1227 00:59:19,560 --> 00:59:21,320 Speaker 1: I will grant you that there are many I think 1228 00:59:21,320 --> 00:59:24,880 Speaker 1: are wrong and or unconstitutional whatever, But the point is 1229 00:59:24,880 --> 00:59:28,840 Speaker 1: is that by this district judge process of all this happening, 1230 00:59:29,040 --> 00:59:31,840 Speaker 1: there is no confidence I think on either side here 1231 00:59:31,840 --> 00:59:34,600 Speaker 1: because in the way that I'm taking your view of 1232 00:59:34,600 --> 00:59:37,960 Speaker 1: the situation, that actually any coherence is happening in the 1233 00:59:38,000 --> 00:59:40,960 Speaker 1: government at all. And I don't think that chaos works 1234 00:59:41,040 --> 00:59:45,160 Speaker 1: at like a big, small d democratic level, especially increasing 1235 00:59:45,240 --> 00:59:47,840 Speaker 1: confidence in both the judiciar where people think judiciary is 1236 00:59:47,840 --> 00:59:50,560 Speaker 1: failing and the people who think the judiciary is overreaching. 1237 00:59:50,680 --> 00:59:51,960 Speaker 1: If any of that makes sense. 1238 00:59:51,960 --> 00:59:55,200 Speaker 2: It does, and I think you're right, Like, obviously it's 1239 00:59:55,280 --> 00:59:58,000 Speaker 2: not popular, it's not going well from them from a 1240 00:59:58,000 --> 01:00:01,840 Speaker 2: political standpoint, but I'm not that's not the only goal. 1241 01:00:02,120 --> 01:00:05,080 Speaker 2: Like maybe they care about that, maybe some of them 1242 01:00:05,120 --> 01:00:08,960 Speaker 2: care about that, But the ideological goal is to break government, 1243 01:00:09,080 --> 01:00:10,640 Speaker 2: and they're doing that pretty effectively. 1244 01:00:11,520 --> 01:00:13,280 Speaker 3: The ideological goal is. 1245 01:00:13,200 --> 01:00:15,320 Speaker 2: To, you know, for them to push the limits of 1246 01:00:15,360 --> 01:00:18,440 Speaker 2: the amount of power that Trump can claim and you know, 1247 01:00:18,520 --> 01:00:21,520 Speaker 2: they're doing that and Elon can claim and they're doing 1248 01:00:21,520 --> 01:00:25,880 Speaker 2: that very effectively. The ideological goal for Elon is, you know, 1249 01:00:25,920 --> 01:00:29,480 Speaker 2: I think a number of different things, but he's certainly 1250 01:00:29,520 --> 01:00:35,040 Speaker 2: been able to use his power to get rid of 1251 01:00:35,040 --> 01:00:39,040 Speaker 2: investigations that are targeting his companies. He's in position to 1252 01:00:39,280 --> 01:00:43,360 Speaker 2: hurt competitors, he's in position to you know, take contracts 1253 01:00:43,360 --> 01:00:46,480 Speaker 2: and funnel them towards his companies, et cetera. So from 1254 01:00:46,480 --> 01:00:49,000 Speaker 2: that perspective, yeah, I think, you know, I think it's 1255 01:00:49,040 --> 01:00:52,360 Speaker 2: working to serve some of the ideological goals that they 1256 01:00:52,440 --> 01:00:54,320 Speaker 2: have that like the rest of votes of the world have, 1257 01:00:54,440 --> 01:00:56,919 Speaker 2: where you know, they they hate government. They don't want 1258 01:00:56,960 --> 01:01:00,959 Speaker 2: government to work because if government doesn't work, that gives 1259 01:01:01,000 --> 01:01:04,360 Speaker 2: you more of a cudgel to further cut and destroy government. 1260 01:01:04,720 --> 01:01:06,959 Speaker 2: And so, you know, I mean, he's what was his quote, 1261 01:01:06,960 --> 01:01:09,360 Speaker 2: he wants to make the bureaucracy miserable or make them 1262 01:01:09,400 --> 01:01:11,520 Speaker 2: suffer or something like that. You know, he wants them 1263 01:01:11,560 --> 01:01:14,360 Speaker 2: to self deport. Yeah, hey, they're doing you know, that's. 1264 01:01:14,360 --> 01:01:16,120 Speaker 1: But they're not self deporting. They're not quitting enough. 1265 01:01:16,160 --> 01:01:18,200 Speaker 2: They're digging in, they are digging in their heels in 1266 01:01:18,200 --> 01:01:21,120 Speaker 2: a certain sense. But I am quite from speaking with 1267 01:01:21,320 --> 01:01:24,120 Speaker 2: you know, plenty of government workers. They are definitely being 1268 01:01:24,160 --> 01:01:26,320 Speaker 2: made miserable, uncomfortable, et cetera. 1269 01:01:26,560 --> 01:01:27,880 Speaker 3: So that part is succeeding. 1270 01:01:28,000 --> 01:01:29,640 Speaker 1: One of my buddies has to go in at five 1271 01:01:29,760 --> 01:01:32,640 Speaker 1: thirty am to an office that they hadn't been two 1272 01:01:32,680 --> 01:01:35,920 Speaker 1: for years. There's not even enough desks for everybody, but 1273 01:01:35,960 --> 01:01:37,600 Speaker 1: they all have to be there and they have to 1274 01:01:37,600 --> 01:01:39,840 Speaker 1: stagger their time. And he's like, look, this is not 1275 01:01:39,880 --> 01:01:41,600 Speaker 1: more efficient. It's actually obviously stupid. 1276 01:01:41,760 --> 01:01:43,000 Speaker 3: Yeah, it's not about efficient. 1277 01:01:43,160 --> 01:01:46,360 Speaker 1: I'll really the goal, you know, Curtis Again, Curtis Jarvin 1278 01:01:46,720 --> 01:01:48,520 Speaker 1: actually made a pretty good point where he's like, look, 1279 01:01:48,560 --> 01:01:51,200 Speaker 1: if you don't do this properly, the bureaucracy will become 1280 01:01:51,680 --> 01:01:55,280 Speaker 1: roaring back and will actually become ten times more both 1281 01:01:55,440 --> 01:01:58,120 Speaker 1: entrenched in our institutions. I think he's actually right. 1282 01:01:58,200 --> 01:02:00,360 Speaker 2: Did you see the Did you see that Tim Walls 1283 01:02:00,440 --> 01:02:03,200 Speaker 2: quote on this? Finish your point and I'll look it 1284 01:02:03,280 --> 01:02:04,160 Speaker 2: up Curtis's point. 1285 01:02:04,240 --> 01:02:06,520 Speaker 1: Curtis's point was basically, if you don't do it effectively, 1286 01:02:06,560 --> 01:02:09,680 Speaker 1: then you're actually just ensuring like a not only like 1287 01:02:10,040 --> 01:02:13,440 Speaker 1: a restoration of the regime, but the regime on steroids. 1288 01:02:13,480 --> 01:02:16,160 Speaker 1: I think he's right in the sense that right now 1289 01:02:16,520 --> 01:02:21,320 Speaker 1: Doge has successfully what cut a few programs if you like, Okay, 1290 01:02:21,320 --> 01:02:25,400 Speaker 1: that's cute, that's nice. The Pentagon still exists, Medicaids still exists, 1291 01:02:25,520 --> 01:02:29,880 Speaker 1: social Security still exists. All of the genuine, like capital 1292 01:02:29,960 --> 01:02:34,200 Speaker 1: b power of the bureaucracy is effectively untouched. The Department 1293 01:02:34,200 --> 01:02:36,480 Speaker 1: of Education. Look, we can argue all day long. I'm sorry, 1294 01:02:36,520 --> 01:02:39,640 Speaker 1: it's a joke. Like it's just not even powerful, absolutely 1295 01:02:39,680 --> 01:02:42,480 Speaker 1: at all, especially considering the vast majority of school funding 1296 01:02:42,520 --> 01:02:44,120 Speaker 1: does not even come from the federal government, and the 1297 01:02:44,160 --> 01:02:47,320 Speaker 1: policies at the state level are the people who actually are. 1298 01:02:47,240 --> 01:02:49,440 Speaker 3: There people without funding from the federal government matter. 1299 01:02:49,360 --> 01:02:53,480 Speaker 1: Yes, especially that money's not going anywhere or at least 1300 01:02:53,480 --> 01:02:56,160 Speaker 1: according to them for right now. But the policies at 1301 01:02:56,160 --> 01:02:59,440 Speaker 1: an individual school district level are in the school district 1302 01:02:59,520 --> 01:03:01,840 Speaker 1: and the state. Those are the people who mostly rule 1303 01:03:02,360 --> 01:03:05,320 Speaker 1: what actually happens inside of that building. So my point 1304 01:03:05,400 --> 01:03:09,080 Speaker 1: is that if you keep doing this slapshot approach and 1305 01:03:09,120 --> 01:03:11,800 Speaker 1: you have the vibe of cutting the government, but by 1306 01:03:12,080 --> 01:03:15,040 Speaker 1: doing that, you're actually making government institutions and all that 1307 01:03:15,080 --> 01:03:18,400 Speaker 1: more popular. You could in effect see a rise of 1308 01:03:18,440 --> 01:03:21,680 Speaker 1: a much more powerful and dangerous deep state in the future. 1309 01:03:21,760 --> 01:03:22,840 Speaker 1: What's the Tim Watson, I. 1310 01:03:22,800 --> 01:03:23,280 Speaker 3: Can't find it. 1311 01:03:23,320 --> 01:03:26,600 Speaker 2: But basically he got asked about, you know, this question 1312 01:03:26,720 --> 01:03:30,040 Speaker 2: of how do Democrats think about rebuilding the federal government, 1313 01:03:30,200 --> 01:03:33,080 Speaker 2: and you know, his response is like, we need to 1314 01:03:33,120 --> 01:03:35,920 Speaker 2: think about He said it could almost have a silver 1315 01:03:36,040 --> 01:03:37,760 Speaker 2: lining because. 1316 01:03:37,640 --> 01:03:40,000 Speaker 3: It could allow them to build back better. 1317 01:03:40,040 --> 01:03:42,640 Speaker 2: That's not what he said, right, That's the idea is like, basically, 1318 01:03:42,760 --> 01:03:46,080 Speaker 2: you know we can Okay, they No one says the 1319 01:03:46,080 --> 01:03:48,760 Speaker 2: federal government's like perfect and not sclerotic and doesn't have 1320 01:03:48,880 --> 01:03:53,560 Speaker 2: these issues. It does, so Okay, you've like devastated this 1321 01:03:54,240 --> 01:03:58,760 Speaker 2: we get to rebuild potentially from the ashes and make 1322 01:03:58,800 --> 01:04:02,120 Speaker 2: it better, strong, or et cetera. So there is some 1323 01:04:02,200 --> 01:04:04,280 Speaker 2: of that thinking going on in the Democratic Party. But 1324 01:04:04,400 --> 01:04:07,320 Speaker 2: you know, I was looking at the numbers of just 1325 01:04:07,360 --> 01:04:12,520 Speaker 2: in terms of the immediate term impact of the corporate 1326 01:04:12,600 --> 01:04:16,600 Speaker 2: enforcement actions that were previously occurring under the Biden. 1327 01:04:16,360 --> 01:04:18,800 Speaker 3: Administration, a quarter of them have been dropped. 1328 01:04:19,320 --> 01:04:23,120 Speaker 2: So like it's just open season for you know, all 1329 01:04:23,160 --> 01:04:27,440 Speaker 2: these corporations, whether they were you know, under investigation from 1330 01:04:27,440 --> 01:04:31,160 Speaker 2: the CFPB or the SEC or the National Labor Relations Board, 1331 01:04:31,920 --> 01:04:36,640 Speaker 2: et cetera. It's huge numbers of those enforcement actions have 1332 01:04:36,760 --> 01:04:40,680 Speaker 2: been dropped. You know, in terms of talent you have had, 1333 01:04:42,160 --> 01:04:44,120 Speaker 2: I'm not sure the numbers at this point, but you've 1334 01:04:44,160 --> 01:04:47,560 Speaker 2: had significant numbers of federal employees who have either taken 1335 01:04:47,560 --> 01:04:50,960 Speaker 2: the fork in the road or they've been fired, pushed down, 1336 01:04:51,080 --> 01:04:51,600 Speaker 2: et cetera. 1337 01:04:52,120 --> 01:04:54,040 Speaker 3: And some of those. 1338 01:04:53,840 --> 01:04:55,760 Speaker 2: People, a lot of those people are the types that 1339 01:04:55,880 --> 01:04:58,400 Speaker 2: they had another opportunity in the private sector. They were 1340 01:04:58,440 --> 01:05:02,120 Speaker 2: the more valuable federal gard and employees. Getting that talent 1341 01:05:02,240 --> 01:05:04,880 Speaker 2: back is very difficult because it's you know, it's a 1342 01:05:04,880 --> 01:05:07,120 Speaker 2: hard sell. You're going to make less money working for 1343 01:05:07,160 --> 01:05:11,640 Speaker 2: the federal government. Public servants have just been like completely vilified, 1344 01:05:11,720 --> 01:05:15,080 Speaker 2: and the idea of even being a quote unquote public 1345 01:05:15,120 --> 01:05:18,560 Speaker 2: servant is sort of like under attack. So that expertise 1346 01:05:18,640 --> 01:05:22,320 Speaker 2: isn't something that's easy to return. So in any case, 1347 01:05:22,800 --> 01:05:27,560 Speaker 2: in my estimation, they're doing a lot of significant damage 1348 01:05:27,600 --> 01:05:30,560 Speaker 2: that's going to cause a lot of long term problems. 1349 01:05:31,000 --> 01:05:31,840 Speaker 3: And you know, I. 1350 01:05:31,840 --> 01:05:36,080 Speaker 2: Don't Democrats are may have aspirations to be able, like 1351 01:05:36,160 --> 01:05:38,880 Speaker 2: Tim Wall said, to be able to build it back 1352 01:05:39,080 --> 01:05:42,360 Speaker 2: more effective, stronger, better expertise, et cetera. 1353 01:05:42,560 --> 01:05:45,960 Speaker 3: But you know that's a big ask. So we'll see. 1354 01:05:48,280 --> 01:05:51,160 Speaker 2: A little while back, and extraordinary scene played out in 1355 01:05:51,280 --> 01:05:53,800 Speaker 2: the White House. During a gathering of governors, Trump singled 1356 01:05:53,840 --> 01:05:56,560 Speaker 2: out the governor of Maine, Janet Mills, to chide her 1357 01:05:56,680 --> 01:05:59,320 Speaker 2: for that state's policy with regard to trans athletes. 1358 01:05:59,440 --> 01:06:00,000 Speaker 3: Take a listen. 1359 01:06:00,200 --> 01:06:04,000 Speaker 5: The NCAA has complied immediately, by the way, that's good, 1360 01:06:04,080 --> 01:06:07,480 Speaker 5: But I understand Maine is the Maine here, the governor 1361 01:06:07,480 --> 01:06:14,640 Speaker 5: of may are you not going to comply with it? Well, 1362 01:06:14,920 --> 01:06:17,640 Speaker 5: we are the federal law. Well you better do it. 1363 01:06:17,760 --> 01:06:19,320 Speaker 5: You better do it because you're not going to get 1364 01:06:19,320 --> 01:06:21,400 Speaker 5: any federal funding at all if you don't. And by 1365 01:06:21,440 --> 01:06:24,160 Speaker 5: the way, your population, even though it's somewhat liberal, orthough 1366 01:06:24,200 --> 01:06:27,760 Speaker 5: I did very well there. Your population doesn't want men 1367 01:06:27,840 --> 01:06:32,080 Speaker 5: playing in women's sports. So you better comply because otherwise 1368 01:06:32,080 --> 01:06:35,800 Speaker 5: you're not getting any federal funding. Every state. 1369 01:06:36,000 --> 01:06:36,160 Speaker 11: Good. 1370 01:06:36,240 --> 01:06:37,840 Speaker 5: I'll see you, and could I look forward to that. 1371 01:06:37,840 --> 01:06:41,680 Speaker 5: That should be a really easy one. And enjoy your 1372 01:06:41,680 --> 01:06:43,440 Speaker 5: life after, governor, because I don't think you'll be in 1373 01:06:43,520 --> 01:06:45,640 Speaker 5: elected politics. 1374 01:06:45,160 --> 01:06:47,040 Speaker 2: So what happened next is probably not going to be 1375 01:06:47,080 --> 01:06:49,040 Speaker 2: a big surprise to you. In short order, the state 1376 01:06:49,080 --> 01:06:52,560 Speaker 2: of Maine found itself under assault by Trump's federal government bureaucracy. 1377 01:06:52,840 --> 01:06:55,960 Speaker 2: So first, the Department of Education announced it was investigating 1378 01:06:56,000 --> 01:06:58,360 Speaker 2: the state in a specific school district where a trans 1379 01:06:58,400 --> 01:07:01,760 Speaker 2: athlete had been allowed to compete. That investigation threatens the 1380 01:07:01,800 --> 01:07:04,680 Speaker 2: four point eight billion dollars that main public schools received 1381 01:07:04,720 --> 01:07:07,000 Speaker 2: from the federal government. Now maybe you think, look, it's 1382 01:07:07,000 --> 01:07:09,920 Speaker 2: an education related issue, agree or disagree, not out of 1383 01:07:09,920 --> 01:07:12,720 Speaker 2: bounds for the Department of Education to investigate. But the 1384 01:07:12,760 --> 01:07:16,720 Speaker 2: retaliation did not stop there, not even close. Next, the 1385 01:07:16,760 --> 01:07:20,120 Speaker 2: Department of Health and Human Services began investigating the main 1386 01:07:20,280 --> 01:07:24,040 Speaker 2: education system to include the main university system. Four days later, 1387 01:07:24,160 --> 01:07:28,680 Speaker 2: that quote unquote investigation was completed, finding they violated Title nine, 1388 01:07:28,760 --> 01:07:31,880 Speaker 2: placing their funding in doubt. They even took the extraordinary 1389 01:07:31,880 --> 01:07:34,640 Speaker 2: step of referring the matter to the Department of Justice. 1390 01:07:34,640 --> 01:07:37,840 Speaker 2: And as part of this investigation, not a single witness 1391 01:07:37,920 --> 01:07:41,560 Speaker 2: was interviewed, not a single data set requested. Shortly thereafter, 1392 01:07:41,600 --> 01:07:45,080 Speaker 2: Attorney General Pambondi did threaten the state with a lawsuit. 1393 01:07:45,640 --> 01:07:48,800 Speaker 2: Then came a Department of Agriculture or investigation threatening the 1394 01:07:48,840 --> 01:07:52,880 Speaker 2: one hundred million dollars main land grant universities that amount 1395 01:07:52,920 --> 01:07:55,920 Speaker 2: that they received from the Agricultural Research Service and National 1396 01:07:55,920 --> 01:08:00,520 Speaker 2: Institute of Food and Agriculture. Next, the National Oceanic and 1397 01:08:00,600 --> 01:08:05,000 Speaker 2: Atmospheric Administration pulled the Main Sea Grant, which supported thousands 1398 01:08:05,040 --> 01:08:08,680 Speaker 2: of jobs over decades and coastal communities focused specifically. 1399 01:08:08,120 --> 01:08:11,560 Speaker 3: On the fishing industry. And finally, in maybe. 1400 01:08:11,480 --> 01:08:14,920 Speaker 2: The most bizarre move of all, the Social Security Administration 1401 01:08:15,120 --> 01:08:18,680 Speaker 2: terminated the Enumeration at birth process now that allows new 1402 01:08:18,720 --> 01:08:21,439 Speaker 2: parents to get a Social Security number for their babies 1403 01:08:21,479 --> 01:08:23,599 Speaker 2: simply by checking a box on a form while they're 1404 01:08:23,600 --> 01:08:27,360 Speaker 2: still in the hospital. Instead, exhausted new parents would have 1405 01:08:27,400 --> 01:08:29,800 Speaker 2: to tote their newborn to one of the now beleaguered 1406 01:08:29,840 --> 01:08:32,280 Speaker 2: Social Security field offices, where they would likely have to 1407 01:08:32,320 --> 01:08:36,160 Speaker 2: wait hours to accomplish something that previously took seconds. They 1408 01:08:36,280 --> 01:08:39,760 Speaker 2: also ended the auto processing for funeral homes for people 1409 01:08:39,760 --> 01:08:42,479 Speaker 2: who had died, cruelly forcing grooving loved ones to spend 1410 01:08:42,520 --> 01:08:44,840 Speaker 2: hours working to inform the government that their spouse or 1411 01:08:44,960 --> 01:08:47,439 Speaker 2: dad or mom or whoever, had in fact died. 1412 01:08:47,880 --> 01:08:48,000 Speaker 5: Now. 1413 01:08:48,040 --> 01:08:51,719 Speaker 2: When first confronted over this particular attack, Leland Dudik, who's 1414 01:08:51,760 --> 01:08:54,439 Speaker 2: the stooge but in charge of Social Security Administration, as 1415 01:08:54,439 --> 01:08:57,560 Speaker 2: a reward for helping out the DOCH hackers. He originally 1416 01:08:57,600 --> 01:09:00,600 Speaker 2: claimed this was all just an innocent mistake. This was, 1417 01:09:00,640 --> 01:09:03,360 Speaker 2: of course, always pretty hard to believe given the overall 1418 01:09:03,400 --> 01:09:06,400 Speaker 2: targeting of Maine, and now Dudek has just out and 1419 01:09:06,400 --> 01:09:08,559 Speaker 2: out admitted that he was lying and did in fact 1420 01:09:08,640 --> 01:09:11,200 Speaker 2: do it all out of spite. As Tuesday, why he 1421 01:09:11,320 --> 01:09:14,280 Speaker 2: singled out Maine, whose Democratic governor, the Washington Post notes, 1422 01:09:14,360 --> 01:09:16,719 Speaker 2: Janet Mills, has fought the White House ban on transgender 1423 01:09:16,760 --> 01:09:20,640 Speaker 2: athletes participating in girls' sports. Dudak acknowledged, quote, I was 1424 01:09:20,720 --> 01:09:24,200 Speaker 2: upset with the governor's treatment of the President. Now, in 1425 01:09:24,240 --> 01:09:26,680 Speaker 2: some ways, the fact that Dudek may not have been 1426 01:09:26,800 --> 01:09:29,200 Speaker 2: instructed directly is to take that action makes it even 1427 01:09:29,240 --> 01:09:31,880 Speaker 2: more extraordinary. This is why lackeys like him are put 1428 01:09:31,920 --> 01:09:34,320 Speaker 2: in charge. They follow the lead of the King, punishing 1429 01:09:34,320 --> 01:09:37,240 Speaker 2: his enemies without even needing to be told exactly how. 1430 01:09:37,600 --> 01:09:39,680 Speaker 2: That is the entire reason they're there, after all, he 1431 01:09:39,880 --> 01:09:42,760 Speaker 2: understands the assignment. Now, the punishing of Maine is a 1432 01:09:42,800 --> 01:09:46,400 Speaker 2: case study in their broader strategy to crush political opponents 1433 01:09:46,439 --> 01:09:50,439 Speaker 2: and scare people into compliance. That's why California's wildfire relief 1434 01:09:50,439 --> 01:09:53,080 Speaker 2: funding was threatened why judges are being threatened with impeachment, 1435 01:09:53,120 --> 01:09:56,720 Speaker 2: why media organizations are being sued, investigated, and branded illegal. 1436 01:09:57,160 --> 01:09:59,680 Speaker 2: It's also likely the reason why Trump is attempting to 1437 01:09:59,760 --> 01:10:02,920 Speaker 2: fight the two Democratic members of the FTC board. 1438 01:10:03,240 --> 01:10:05,000 Speaker 3: The FDC has a lot of power. 1439 01:10:05,320 --> 01:10:07,920 Speaker 2: It can give favored companies the go ahead for their 1440 01:10:07,960 --> 01:10:10,880 Speaker 2: mergers and deals, or it can make life health for them, 1441 01:10:11,040 --> 01:10:14,120 Speaker 2: causing them financial issues. He was likely fearful that the 1442 01:10:14,200 --> 01:10:17,760 Speaker 2: Democratic board members would be interested in fairly applying antitrust law, 1443 01:10:17,920 --> 01:10:20,880 Speaker 2: not using those powers as a cudgel to punish or 1444 01:10:20,920 --> 01:10:24,519 Speaker 2: reward on his behalf. Now, this abandonment of even the 1445 01:10:24,520 --> 01:10:27,559 Speaker 2: appearance of an independent bureaucracy means we are entering a 1446 01:10:27,640 --> 01:10:30,800 Speaker 2: new era in American politics. It used to be a 1447 01:10:30,840 --> 01:10:33,920 Speaker 2: great scandal when bureaucrats were suspected of using their powers 1448 01:10:33,920 --> 01:10:36,680 Speaker 2: to punish the political enemies of the president. Does the 1449 01:10:36,760 --> 01:10:40,400 Speaker 2: name Lois Learner ring a bell here? Sager remembers he 1450 01:10:40,560 --> 01:10:43,040 Speaker 2: was at the center of a giant Obama era scandal 1451 01:10:43,240 --> 01:10:45,360 Speaker 2: that centered on whether or not TEA party groups had 1452 01:10:45,400 --> 01:10:46,759 Speaker 2: been targeted by the IRS. 1453 01:10:47,080 --> 01:10:48,439 Speaker 3: This was huge news at the time. 1454 01:10:48,560 --> 01:10:50,559 Speaker 2: Under Trump two point zero, it's just kind of taken 1455 01:10:50,560 --> 01:10:52,680 Speaker 2: for granted that friends of Trump and Elon they're going 1456 01:10:52,720 --> 01:10:55,280 Speaker 2: to be helped, and political and ideological enemies they're going 1457 01:10:55,320 --> 01:10:57,760 Speaker 2: to be screwed across them, and you can kiss your 1458 01:10:57,760 --> 01:10:59,080 Speaker 2: disaster relief goodbye. 1459 01:10:59,160 --> 01:11:00,000 Speaker 3: I for your loyal service. 1460 01:11:00,160 --> 01:11:02,680 Speaker 2: Though maybe he'll tweet about your favored shit goin, or 1461 01:11:02,720 --> 01:11:03,960 Speaker 2: even pump it up through the new. 1462 01:11:03,800 --> 01:11:05,080 Speaker 3: Crypto Reserve, who knows. 1463 01:11:05,520 --> 01:11:07,640 Speaker 2: Now, some of you might believe that aspects of the 1464 01:11:07,640 --> 01:11:11,440 Speaker 2: federal government were weaponized against Trump under Biden, most specifically 1465 01:11:11,479 --> 01:11:13,639 Speaker 2: a Department of Justice. Now you know, I don't agree 1466 01:11:13,640 --> 01:11:15,720 Speaker 2: with that assessment, but let's say you feel that way, 1467 01:11:16,040 --> 01:11:18,280 Speaker 2: it should actually give you an even greater appreciation for 1468 01:11:18,320 --> 01:11:20,600 Speaker 2: why it is so important to try to keep the 1469 01:11:20,600 --> 01:11:23,800 Speaker 2: functions of our government as neutral as possible. Because while 1470 01:11:23,840 --> 01:11:26,280 Speaker 2: the government has never held to this ideal perfectly, let's 1471 01:11:26,320 --> 01:11:29,599 Speaker 2: be clear, what we're seeing now with Trump is something else, 1472 01:11:29,880 --> 01:11:34,040 Speaker 2: entirely in typical Trumpian fashion. His weaponization of the government. 1473 01:11:34,120 --> 01:11:36,720 Speaker 2: It is brazen, it is heavy handed, it is out 1474 01:11:36,720 --> 01:11:39,040 Speaker 2: in the open, and it is so much worse than 1475 01:11:39,080 --> 01:11:42,120 Speaker 2: anything we've seen in modern history, so much so that 1476 01:11:42,240 --> 01:11:44,439 Speaker 2: in a few short months he has demolished even the 1477 01:11:44,479 --> 01:11:48,200 Speaker 2: expectation of an even handed bureaucracy and replaced it with 1478 01:11:48,280 --> 01:11:51,479 Speaker 2: an expectation that it will be wielded to crush anyone 1479 01:11:51,520 --> 01:11:56,320 Speaker 2: who intentionally or accidentally stumbles into his disfavor. Now the oligarchs, 1480 01:11:56,320 --> 01:11:58,680 Speaker 2: of course, they instantly understood this new order. That's why 1481 01:11:58,720 --> 01:12:00,960 Speaker 2: they all were lined up behind Trump at the inauguration, 1482 01:12:01,160 --> 01:12:03,960 Speaker 2: showering him with cash and with flattery. If you think 1483 01:12:04,000 --> 01:12:07,439 Speaker 2: through that, this whole of government retribution system will only 1484 01:12:07,479 --> 01:12:10,960 Speaker 2: be applied to large organizations, states, media organizations, law firms, 1485 01:12:10,960 --> 01:12:14,160 Speaker 2: that sort of thing. Though, Mackmoud Khalil's case should prove 1486 01:12:14,200 --> 01:12:17,960 Speaker 2: to you that any individual who gets crossbys with this 1487 01:12:18,040 --> 01:12:22,680 Speaker 2: administration can find themselves destroyed. In fact, a French scientist 1488 01:12:22,920 --> 01:12:25,280 Speaker 2: was just blocked from entering the country because he had 1489 01:12:25,280 --> 01:12:28,479 Speaker 2: some critical comments about Trump on his phone. When it 1490 01:12:28,520 --> 01:12:32,080 Speaker 2: was searched by DHS, they said his private messages were 1491 01:12:32,320 --> 01:12:36,240 Speaker 2: hateful and conspiratorial and could be deemed terrorism. He was 1492 01:12:36,280 --> 01:12:39,080 Speaker 2: deported the following day. Just think of all the ways 1493 01:12:39,120 --> 01:12:41,639 Speaker 2: you rely on the government to not screw you. Maybe 1494 01:12:41,640 --> 01:12:44,240 Speaker 2: you need your Social Security check or your passport renewed, 1495 01:12:44,400 --> 01:12:46,720 Speaker 2: or would prefer not to get audited every single year. 1496 01:12:47,160 --> 01:12:51,720 Speaker 2: They can make you miserable without even breaking a sweat. Now, 1497 01:12:51,800 --> 01:12:54,880 Speaker 2: weaponized bureaucracies like this they're pretty common around the world, 1498 01:12:54,920 --> 01:12:58,280 Speaker 2: though they're typically associated with some developing world strongman type. 1499 01:12:58,439 --> 01:13:00,840 Speaker 2: It's a good way to get order people to just 1500 01:13:00,920 --> 01:13:03,280 Speaker 2: keep their heads down, try to avoid earning the ire 1501 01:13:03,360 --> 01:13:05,880 Speaker 2: of the king. But there's also reason to believe that 1502 01:13:05,960 --> 01:13:09,280 Speaker 2: in this age of DOGE and AI, it could actually 1503 01:13:09,360 --> 01:13:12,800 Speaker 2: get so much worse. There's reporting to suggest one goal 1504 01:13:12,840 --> 01:13:15,639 Speaker 2: of DOGE is to consolidate all of the disparate data 1505 01:13:15,640 --> 01:13:19,839 Speaker 2: sets that various government databases hold into one place business 1506 01:13:19,880 --> 01:13:23,240 Speaker 2: loan applications, mortgage applications, student loan data, child support payments, 1507 01:13:23,280 --> 01:13:26,320 Speaker 2: tax famous income, every bit of it. There is also 1508 01:13:26,400 --> 01:13:30,759 Speaker 2: reporting that this administration is already using AI to crawl 1509 01:13:30,800 --> 01:13:34,639 Speaker 2: through social media profiles to identify people who have engaged 1510 01:13:34,680 --> 01:13:38,280 Speaker 2: in wrong thinks, specifically on the issue of Israel. Put 1511 01:13:38,320 --> 01:13:42,280 Speaker 2: all of this together, and the possibilities for abuse are endless. 1512 01:13:42,640 --> 01:13:46,280 Speaker 2: In the same way that Israel's use of AI accelerated 1513 01:13:46,439 --> 01:13:49,559 Speaker 2: its genocidal attacks by generating massless of targets that they 1514 01:13:49,600 --> 01:13:53,639 Speaker 2: could then assault, AI unleashed on the entire data set 1515 01:13:53,680 --> 01:13:57,120 Speaker 2: of the federal government could vastly accelerate the ability to 1516 01:13:57,120 --> 01:14:00,600 Speaker 2: punish anyone who expressed a negative opinion about Trump or 1517 01:14:00,640 --> 01:14:03,559 Speaker 2: Elan or Doze or Tesla or Israel, or indicated any 1518 01:14:03,560 --> 01:14:07,880 Speaker 2: sort of liberal inclination whatsoever. It could actually be done automatically, 1519 01:14:08,080 --> 01:14:12,280 Speaker 2: no cumbersome bureaucracy required. We have seen the way that 1520 01:14:12,360 --> 01:14:16,400 Speaker 2: this government has already approached mass removal of documents, grants, 1521 01:14:16,439 --> 01:14:20,960 Speaker 2: historical records, programs, etc. That happened to include some word 1522 01:14:21,240 --> 01:14:24,439 Speaker 2: from a list of banned words that they think code liberal, 1523 01:14:24,880 --> 01:14:27,320 Speaker 2: Like how they deleted all of the information about the 1524 01:14:27,320 --> 01:14:30,439 Speaker 2: Onola Gay, the bomber that dropped an atom bomb on Japan, 1525 01:14:30,840 --> 01:14:33,240 Speaker 2: simply because it contained the word gay. 1526 01:14:34,160 --> 01:14:34,880 Speaker 3: Now imagine that. 1527 01:14:34,880 --> 01:14:38,040 Speaker 2: Approach applied to the entire population. You better not chat 1528 01:14:38,080 --> 01:14:42,000 Speaker 2: about diversifying your portfolio or trading equities. Better not be 1529 01:14:42,040 --> 01:14:45,320 Speaker 2: helping your kid with their inequality's math homework. Say Gulf 1530 01:14:45,360 --> 01:14:48,280 Speaker 2: of Mexico once, and those doge boys will mark you 1531 01:14:48,280 --> 01:14:51,160 Speaker 2: dead in Social Security before you could say LATINX. It's 1532 01:14:51,240 --> 01:14:54,320 Speaker 2: kind of funny. I guess it's completely crazy, But the 1533 01:14:54,360 --> 01:14:58,080 Speaker 2: possibility for crushing speech is way too real, and for 1534 01:14:58,160 --> 01:15:02,240 Speaker 2: punishing dissidents. Governor of Maine sounded exactly this alarm after 1535 01:15:02,280 --> 01:15:04,320 Speaker 2: seeing the way the government launched an assault on her 1536 01:15:04,479 --> 01:15:08,960 Speaker 2: entire state over her audacity to challenge the president, she wrote, quote, 1537 01:15:09,240 --> 01:15:12,639 Speaker 2: you must ask yourself who and what will he target next? 1538 01:15:12,640 --> 01:15:13,320 Speaker 3: And what will he do? 1539 01:15:13,439 --> 01:15:15,960 Speaker 2: Mills continued, Will it be you? Will it be because 1540 01:15:15,960 --> 01:15:17,800 Speaker 2: of your race or your religion? Will it be because 1541 01:15:17,840 --> 01:15:21,080 Speaker 2: you look different or think differently? Where does it end? 1542 01:15:21,560 --> 01:15:21,680 Speaker 9: Now? 1543 01:15:21,760 --> 01:15:23,800 Speaker 2: Man got lucky in a certain respect. They happen to 1544 01:15:23,800 --> 01:15:26,240 Speaker 2: have a Republican senator. She was able to plead the 1545 01:15:26,240 --> 01:15:29,320 Speaker 2: state's case to the King. Some of the retaliation was 1546 01:15:29,439 --> 01:15:31,880 Speaker 2: rolled back, like, for example, that main c Grant thing 1547 01:15:32,240 --> 01:15:34,960 Speaker 2: over at Social Security. Dudeck says he came to regret 1548 01:15:35,040 --> 01:15:38,760 Speaker 2: his actions there. But I bet Governor Mills she's gonna 1549 01:15:38,760 --> 01:15:41,720 Speaker 2: think twice before she displeases Trump again, isn't she. I 1550 01:15:41,720 --> 01:15:44,120 Speaker 2: bet every governor in the country knows the set of 1551 01:15:44,160 --> 01:15:46,599 Speaker 2: acts I just laid out. It's gonna think twice before 1552 01:15:46,640 --> 01:15:49,639 Speaker 2: they speak out on any issue and earn the ire 1553 01:15:49,720 --> 01:15:52,639 Speaker 2: of this president. I bet there are plenty of would 1554 01:15:52,680 --> 01:15:56,280 Speaker 2: be protesters who see Israel returning to its genocide in 1555 01:15:56,320 --> 01:15:59,920 Speaker 2: Gaza greenlit by the Trump administration, or gonna think twice 1556 01:16:00,080 --> 01:16:04,599 Speaker 2: about protesting because of how Machmoud Khalil was targeted. And 1557 01:16:04,680 --> 01:16:07,360 Speaker 2: this is just the beginning the whims of a dictator 1558 01:16:07,640 --> 01:16:11,360 Speaker 2: combined with a fully compliant bureaucracy backed by the world's 1559 01:16:11,400 --> 01:16:15,559 Speaker 2: richest man, and finally turbocharge with the extraordinary power of AI, 1560 01:16:16,000 --> 01:16:21,160 Speaker 2: the tech enabled strongman, possibilities are limitless and the main example, 1561 01:16:21,280 --> 01:16:23,519 Speaker 2: like how do you feel about the issue is not 1562 01:16:23,640 --> 01:16:26,000 Speaker 2: really important. She pissed him off, and there are a 1563 01:16:26,000 --> 01:16:27,920 Speaker 2: million reasons that you could end up pissing off to 1564 01:16:28,120 --> 01:16:31,479 Speaker 2: up Trump, and he has already demonstrated how he will 1565 01:16:31,600 --> 01:16:35,960 Speaker 2: use the USDA, the National Oceanic Administration, the Department of Education, 1566 01:16:36,280 --> 01:16:41,040 Speaker 2: the HHS, Social Security, every tool in the toolkit to 1567 01:16:41,120 --> 01:16:41,439 Speaker 2: make you. 1568 01:16:41,400 --> 01:16:44,760 Speaker 1: Pay Trump's What Trump has done is is unsubtle. I 1569 01:16:44,760 --> 01:16:47,160 Speaker 1: guess like you were talking about the lowest learner thing. 1570 01:16:47,520 --> 01:16:49,719 Speaker 1: I mean it is complicated because at the same time, 1571 01:16:50,000 --> 01:16:53,080 Speaker 1: federal funding is genuinely too at the discretionary of the 1572 01:16:53,280 --> 01:16:57,360 Speaker 1: unitary executive and the bureaucracy. Like estates are not owed money. 1573 01:16:57,400 --> 01:16:59,800 Speaker 1: For example, the University of Pennsylvania just got itself cut 1574 01:16:59,840 --> 01:17:03,160 Speaker 1: off over transgender sports policy, and people are like, oh, 1575 01:17:03,200 --> 01:17:04,479 Speaker 1: this is horrible. It's like, well, you don't have a 1576 01:17:04,560 --> 01:17:07,000 Speaker 1: right to federal money. You know, the federal government has 1577 01:17:07,080 --> 01:17:09,880 Speaker 1: very often used its money as a cudgel to force 1578 01:17:10,439 --> 01:17:13,360 Speaker 1: laws on the books. Speed limits is the most famous example. 1579 01:17:13,439 --> 01:17:14,439 Speaker 1: Same with seat belts. 1580 01:17:14,479 --> 01:17:14,759 Speaker 3: Right. 1581 01:17:14,880 --> 01:17:17,799 Speaker 1: But but the point is is that it's this has always 1582 01:17:17,880 --> 01:17:21,800 Speaker 1: kind of been there, and it is. The problem is 1583 01:17:21,800 --> 01:17:26,040 Speaker 1: is that no executive has used this before in a 1584 01:17:26,640 --> 01:17:31,080 Speaker 1: less subtle, in a less unsubtle way. No executive has 1585 01:17:31,120 --> 01:17:34,599 Speaker 1: done this before out of a norm's respect. But it 1586 01:17:34,600 --> 01:17:38,040 Speaker 1: doesn't actually stop you ever from having been able to 1587 01:17:38,080 --> 01:17:41,240 Speaker 1: do this from a legal perspective, if that makes sense. 1588 01:17:41,439 --> 01:17:44,240 Speaker 1: And this has long been a conservative argument, is that 1589 01:17:44,439 --> 01:17:47,040 Speaker 1: the left uses the government as a tool of its 1590 01:17:47,080 --> 01:17:50,639 Speaker 1: own social engineering policy DEI and all that other stuff, 1591 01:17:50,720 --> 01:17:53,559 Speaker 1: perfect example, why would we not do the same. And 1592 01:17:53,600 --> 01:17:56,680 Speaker 1: in a sense, I'm like, I'm somewhat sympathetic to that argument. 1593 01:17:56,640 --> 01:18:00,439 Speaker 2: Right, I hear what you're saying, But you have to acknowledge, like, 1594 01:18:02,000 --> 01:18:05,799 Speaker 2: this is not even so much about policy. It's about 1595 01:18:06,000 --> 01:18:12,240 Speaker 2: punishing people, institutions, groups that are political opponents to you, 1596 01:18:12,880 --> 01:18:16,080 Speaker 2: and political alternative political power centers. 1597 01:18:16,479 --> 01:18:17,240 Speaker 3: It's the same. 1598 01:18:17,560 --> 01:18:20,439 Speaker 2: You know, this is part and parcel with using quote 1599 01:18:20,479 --> 01:18:26,920 Speaker 2: unquote anti semitism to to defenestrate the university system. You know, 1600 01:18:27,000 --> 01:18:29,760 Speaker 2: he doesn't care about anti semitism, but he sees this 1601 01:18:29,840 --> 01:18:31,960 Speaker 2: is a thing out there that he can use to 1602 01:18:32,120 --> 01:18:36,080 Speaker 2: hurt universities. And he doesn't like universities, you know, California, 1603 01:18:36,439 --> 01:18:39,479 Speaker 2: Like they didn't come to the White House and say 1604 01:18:39,479 --> 01:18:42,280 Speaker 2: a thing about trans kids that he didn't like. They 1605 01:18:42,320 --> 01:18:44,840 Speaker 2: vote the wrong way, and so now maybe it's going 1606 01:18:44,880 --> 01:18:47,960 Speaker 2: to do their wild fire funding. Maybe he's not their 1607 01:18:47,960 --> 01:18:51,400 Speaker 2: disaster relief. I mean that one in particular you have 1608 01:18:51,439 --> 01:18:54,759 Speaker 2: to admit is it's such a break from we've always 1609 01:18:54,800 --> 01:18:56,960 Speaker 2: had the view of doesn't matter if your state is 1610 01:18:57,280 --> 01:19:00,519 Speaker 2: red or blue or purple or whatever, like, when you 1611 01:19:00,600 --> 01:19:02,439 Speaker 2: need help, the federal goverment is going to be totally 1612 01:19:02,439 --> 01:19:02,640 Speaker 2: for you. 1613 01:19:02,720 --> 01:19:02,920 Speaker 1: Yeah. 1614 01:19:03,000 --> 01:19:04,799 Speaker 3: Now it's like yeah maybe. 1615 01:19:05,120 --> 01:19:08,360 Speaker 2: And so I'm not saying that the federal government has 1616 01:19:08,400 --> 01:19:11,400 Speaker 2: never been webinized against anyone and they've been perfect. I'm 1617 01:19:11,400 --> 01:19:13,680 Speaker 2: not saying that, But what I am saying is that 1618 01:19:13,680 --> 01:19:15,280 Speaker 2: that was the baseline expectation. 1619 01:19:15,840 --> 01:19:17,599 Speaker 3: There was an expectation that if you. 1620 01:19:17,600 --> 01:19:20,920 Speaker 2: Are an individual going in to you know, get your 1621 01:19:21,479 --> 01:19:24,360 Speaker 2: security check issue resolved, they're not going to be looking 1622 01:19:24,439 --> 01:19:27,000 Speaker 2: up in some database to see if you said something 1623 01:19:27,080 --> 01:19:31,519 Speaker 2: mean about Donald Trump or about Tesla or whatever to 1624 01:19:31,600 --> 01:19:32,600 Speaker 2: decide whether they're going to. 1625 01:19:32,640 --> 01:19:33,160 Speaker 3: Help you or not. 1626 01:19:33,479 --> 01:19:36,960 Speaker 2: And I think those sorts of possibilities are very much 1627 01:19:37,000 --> 01:19:39,360 Speaker 2: on the table now, especially when you look at like 1628 01:19:39,360 --> 01:19:42,000 Speaker 2: that case of the French scientists who they looked at 1629 01:19:42,000 --> 01:19:43,680 Speaker 2: his phone and were like, oh, you were mean to 1630 01:19:43,720 --> 01:19:45,920 Speaker 2: Donald Trump. You can't come in the country. Like that's 1631 01:19:46,360 --> 01:19:49,759 Speaker 2: new and different. You have another case, similar to Mackmoud Khalil, 1632 01:19:50,000 --> 01:19:53,680 Speaker 2: of a professor here in Georgetown whose wife is an 1633 01:19:53,680 --> 01:19:58,679 Speaker 2: American citizen and he is now being detained because of 1634 01:19:58,880 --> 01:20:03,240 Speaker 2: her the MA con citizens suspected beliefs with regard to 1635 01:20:03,360 --> 01:20:05,840 Speaker 2: Israel after he was targeted on a list from these 1636 01:20:06,320 --> 01:20:11,160 Speaker 2: prozionist groups. Totally, so all of these things together it 1637 01:20:11,240 --> 01:20:15,160 Speaker 2: has created already, I think, a totally different understanding and 1638 01:20:15,240 --> 01:20:19,400 Speaker 2: framework for the federal government bureaucracy that truly is a 1639 01:20:19,439 --> 01:20:22,240 Speaker 2: break from the expectation of the past that it would 1640 01:20:22,280 --> 01:20:24,960 Speaker 2: be more or less neutral in terms of day to 1641 01:20:25,040 --> 01:20:28,920 Speaker 2: day interactions, how they handle things like disaster relief, et cetera. 1642 01:20:29,160 --> 01:20:31,000 Speaker 1: No, I mean disaster relief is the one where you're 1643 01:20:31,040 --> 01:20:33,560 Speaker 1: one hundred percent correct. I mean same on the I 1644 01:20:33,560 --> 01:20:36,160 Speaker 1: mean the Israel one is just that to me is 1645 01:20:36,200 --> 01:20:38,840 Speaker 1: always again the most ridiculous, because we're literally talking about 1646 01:20:39,120 --> 01:20:41,559 Speaker 1: criticism of a foreign government. I also think it's a 1647 01:20:41,560 --> 01:20:45,479 Speaker 1: big free First Amendment, a lot of justification there because 1648 01:20:45,960 --> 01:20:48,120 Speaker 1: beyond even as you and I and we disagree on 1649 01:20:48,160 --> 01:20:52,280 Speaker 1: deportation et cetera, especially like my thing with mak mukhalil Is, 1650 01:20:52,320 --> 01:20:54,040 Speaker 1: I don't think he should be deported for what he said, 1651 01:20:54,080 --> 01:20:56,840 Speaker 1: but I still think he's going to get deported. The 1652 01:20:56,960 --> 01:21:00,200 Speaker 1: bigger problem for me it is actually these Columbia students 1653 01:21:00,320 --> 01:21:03,679 Speaker 1: who are getting expelled because of pressure from the federal 1654 01:21:03,720 --> 01:21:06,360 Speaker 1: government because of their own speech. That is one where 1655 01:21:06,400 --> 01:21:09,160 Speaker 1: you are a United States citizen and the federal government 1656 01:21:09,200 --> 01:21:12,320 Speaker 1: itself is actually using it a cudgel to infringe upon 1657 01:21:12,439 --> 01:21:15,479 Speaker 1: your ability for the education that you were accepted and 1658 01:21:15,520 --> 01:21:18,200 Speaker 1: that you have been enrolled in this institution, and they're 1659 01:21:18,200 --> 01:21:21,280 Speaker 1: effectively depriving you of that ability through the cudgel of 1660 01:21:21,320 --> 01:21:24,360 Speaker 1: their government. Same with Social Security right, the same thing. 1661 01:21:24,400 --> 01:21:26,320 Speaker 1: It's like, you are a United States citizen, you've paid 1662 01:21:26,479 --> 01:21:29,120 Speaker 1: within the system, You literally have earned your right that 1663 01:21:29,280 --> 01:21:32,720 Speaker 1: is not subject to your political wins. I would say 1664 01:21:32,720 --> 01:21:35,280 Speaker 1: the same with California, and California's paid way more into 1665 01:21:35,320 --> 01:21:37,760 Speaker 1: the federal government than anything they've ever taken out of it, 1666 01:21:37,760 --> 01:21:40,639 Speaker 1: which they'll never forget in reminding you. But they're not wrong. 1667 01:21:40,720 --> 01:21:42,679 Speaker 1: I mean, if you can be all your house burns down, yeah, 1668 01:21:42,840 --> 01:21:45,519 Speaker 1: you better help us out. So yeah, that's where I think, 1669 01:21:45,720 --> 01:21:46,920 Speaker 1: you know, that's the real danger. 1670 01:21:46,960 --> 01:21:48,759 Speaker 2: I think that there's Yeah, I mean the social Security 1671 01:21:48,800 --> 01:21:51,400 Speaker 2: thing in Maine was crazy and that he just admitted, like, yeah, 1672 01:21:51,439 --> 01:21:53,840 Speaker 2: I did it because I was not at the governor. Well, like, 1673 01:21:53,960 --> 01:21:55,800 Speaker 2: I mean, first of all, we shouldn't be thinking in 1674 01:21:55,880 --> 01:21:59,080 Speaker 2: terms of like punishing the entire citizens of any state 1675 01:21:59,120 --> 01:22:01,439 Speaker 2: because you don't like that action, you don't like what 1676 01:22:01,439 --> 01:22:04,200 Speaker 2: their leader said to the president is crazy. But I 1677 01:22:04,200 --> 01:22:06,200 Speaker 2: mean to Trump's point, I looked it up, forty five 1678 01:22:06,200 --> 01:22:08,519 Speaker 2: percent and main did vote for him, and you're punishing 1679 01:22:08,640 --> 01:22:09,760 Speaker 2: you're punishing all those people. 1680 01:22:09,840 --> 01:22:12,800 Speaker 1: It's like a Redish state. It's genuine. I mean usually 1681 01:22:12,800 --> 01:22:15,320 Speaker 1: goes blue in the presidential but like they've got you know, Susan. 1682 01:22:15,439 --> 01:22:21,920 Speaker 2: They had that crazy Republican governor. I'm forgetting his name, Paige, Yeah, yeah, yeah, 1683 01:22:21,920 --> 01:22:24,080 Speaker 2: that was that guy was wild so yeah, main man 1684 01:22:24,160 --> 01:22:27,200 Speaker 2: can go all kinds of ways, like politically. 1685 01:22:27,200 --> 01:22:30,880 Speaker 1: I consider myself a manor in spirit out you're interesting. 1686 01:22:30,600 --> 01:22:33,719 Speaker 2: People anyway, we have are looking forward to this conversation 1687 01:22:33,760 --> 01:22:36,200 Speaker 2: with Derek Thompson. If you've been anywhere online, you may 1688 01:22:36,240 --> 01:22:38,960 Speaker 2: have seen this abundance discourse that we wanted to dig 1689 01:22:38,960 --> 01:22:42,000 Speaker 2: in the book that he just published alongside as Reclined. 1690 01:22:42,040 --> 01:22:43,080 Speaker 3: So let's go ahead and get to that. 1691 01:22:46,000 --> 01:22:48,320 Speaker 1: Joining is now great friend of the show, Jerrick Thompson, 1692 01:22:48,360 --> 01:22:50,680 Speaker 1: and he is out with the new book which is 1693 01:22:50,840 --> 01:22:55,280 Speaker 1: just seemingly everywhere Abundance that he co authored with Ezra Clined. 1694 01:22:55,360 --> 01:22:57,559 Speaker 1: So the theme of the book is quote to trace 1695 01:22:57,600 --> 01:22:59,680 Speaker 1: the history of the twenty first century, so far to 1696 01:22:59,720 --> 01:23:02,680 Speaker 1: trace the history of unaffordability and shortage. After years of 1697 01:23:02,760 --> 01:23:06,200 Speaker 1: refusing to build sufficient housing, America has a national housing crisis. 1698 01:23:06,280 --> 01:23:08,880 Speaker 1: He goes on that Abundance explains our problems today are 1699 01:23:08,880 --> 01:23:12,200 Speaker 1: not the results of yesteryear's villains. Rather, one generation solutions 1700 01:23:12,400 --> 01:23:16,000 Speaker 1: have become the next generation's problems. The book actually seeks 1701 01:23:16,040 --> 01:23:19,240 Speaker 1: to put forward some solutions. So Derek just at the 1702 01:23:19,280 --> 01:23:22,400 Speaker 1: top here for people who aren't familiar with abundance discourse, 1703 01:23:22,439 --> 01:23:25,320 Speaker 1: there's been quite a bit here that is online. First, 1704 01:23:25,320 --> 01:23:27,920 Speaker 1: just tell us, like why you guys felt compelled to 1705 01:23:27,960 --> 01:23:31,519 Speaker 1: write the book, and then how you feel that the book, 1706 01:23:31,600 --> 01:23:34,120 Speaker 1: How the book is intended to be received. Is it 1707 01:23:34,160 --> 01:23:37,120 Speaker 1: a project twenty twenty five? Is it a political answer? 1708 01:23:37,320 --> 01:23:39,559 Speaker 1: Is it all of the above? What is your guys's 1709 01:23:39,600 --> 01:23:41,280 Speaker 1: conception of it? 1710 01:23:41,280 --> 01:23:43,559 Speaker 10: It's a great question. I love this great a beginning. 1711 01:23:43,600 --> 01:23:45,559 Speaker 11: So we started writing this book two and a half 1712 01:23:45,680 --> 01:23:49,000 Speaker 11: years ago when we were motivated by and scandalized by 1713 01:23:49,280 --> 01:23:52,519 Speaker 11: exactly what you said, the crises of manufactured scarcity in 1714 01:23:52,520 --> 01:23:55,280 Speaker 11: the twenty first century. Why aren't there enough homes? Why 1715 01:23:55,320 --> 01:23:58,439 Speaker 11: isn't there enough clean energy? Why is governance often in 1716 01:23:58,479 --> 01:24:01,080 Speaker 11: blue cities and blue states so bad that it seems 1717 01:24:01,120 --> 01:24:04,760 Speaker 11: to be driving many people away? Why doesn't the Democratic 1718 01:24:04,800 --> 01:24:08,320 Speaker 11: Party have an invention agenda, given how central science and 1719 01:24:08,360 --> 01:24:11,280 Speaker 11: technology are to human progress. These are the questions that 1720 01:24:11,320 --> 01:24:14,000 Speaker 11: really animated the project. But I think it's really important 1721 01:24:14,000 --> 01:24:17,439 Speaker 11: to ground the fact that the book came out in 1722 01:24:17,479 --> 01:24:20,240 Speaker 11: March twenty twenty five, because you look back over the 1723 01:24:20,320 --> 01:24:21,920 Speaker 11: last six months of news. 1724 01:24:22,240 --> 01:24:23,759 Speaker 10: Why did Donald Trump just win the election? 1725 01:24:24,240 --> 01:24:26,600 Speaker 11: If you ask PW, if you ask Gallop, if you 1726 01:24:26,640 --> 01:24:28,720 Speaker 11: asked David Shore, and the twenty eight million people that 1727 01:24:28,760 --> 01:24:30,840 Speaker 11: he surveyed, the answer is all the same. 1728 01:24:31,080 --> 01:24:33,240 Speaker 10: It's affordability, affordability, affordability. 1729 01:24:33,280 --> 01:24:36,120 Speaker 11: People feel like there's an affordability crisis in this country, 1730 01:24:36,360 --> 01:24:39,320 Speaker 11: and the biggest part of anybody's budget is housing. So 1731 01:24:39,360 --> 01:24:42,439 Speaker 11: at this center of an affordability crisis is a housing 1732 01:24:42,640 --> 01:24:47,080 Speaker 11: affordability crisis. Donald Trump won because of an affordability crisis, 1733 01:24:47,280 --> 01:24:49,080 Speaker 11: and my feeling is he came into office and could 1734 01:24:49,080 --> 01:24:51,800 Speaker 11: have said, like I'm going to govern as a text 1735 01:24:51,880 --> 01:24:53,479 Speaker 11: in Republican, I'm going to make it as easy as 1736 01:24:53,520 --> 01:24:55,040 Speaker 11: possible for us to build homes. I'm going to do 1737 01:24:55,080 --> 01:24:57,400 Speaker 11: everything I can to drive down the cost of housing. 1738 01:24:57,680 --> 01:24:59,400 Speaker 11: But instead, one of the first things he does is 1739 01:24:59,400 --> 01:25:01,800 Speaker 11: to raise terror rifts on Mexico and Canada. That's a 1740 01:25:01,840 --> 01:25:04,360 Speaker 11: twenty five percent bump on the cost of lumber and 1741 01:25:04,439 --> 01:25:06,120 Speaker 11: drywall gypsum, which we get from Mexico. 1742 01:25:06,200 --> 01:25:07,320 Speaker 10: The lumber comes from Canada. 1743 01:25:07,800 --> 01:25:11,120 Speaker 11: This is a plan to treat scarcity of housing with 1744 01:25:11,240 --> 01:25:12,400 Speaker 11: yet more scarcity. 1745 01:25:12,760 --> 01:25:14,160 Speaker 10: So I really want to emphasize it. 1746 01:25:14,200 --> 01:25:17,000 Speaker 11: Agree to which we strongly believe that there is a 1747 01:25:17,120 --> 01:25:20,439 Speaker 11: totally different way to think about growing the supply of 1748 01:25:20,479 --> 01:25:21,719 Speaker 11: the most important things. 1749 01:25:21,520 --> 01:25:22,120 Speaker 10: In this country. 1750 01:25:22,240 --> 01:25:22,559 Speaker 1: Got it. 1751 01:25:22,880 --> 01:25:25,519 Speaker 2: So you have a lot of critics on the left. 1752 01:25:25,560 --> 01:25:26,960 Speaker 2: You also have some fans on the left, but you 1753 01:25:26,960 --> 01:25:28,840 Speaker 2: have a lot of critics on the left. I'm not 1754 01:25:28,880 --> 01:25:32,599 Speaker 2: a hater of abundance, but my own assessment is that 1755 01:25:32,800 --> 01:25:35,280 Speaker 2: it misses some things and maybe it's not meant to 1756 01:25:35,320 --> 01:25:37,559 Speaker 2: be a complete ideology, which is part of what I 1757 01:25:37,600 --> 01:25:40,960 Speaker 2: want you to respond to, because you know, the with 1758 01:25:41,080 --> 01:25:44,400 Speaker 2: housing in particular, I'm in favor of a more yimbi 1759 01:25:44,600 --> 01:25:48,160 Speaker 2: mindset of reducing these zoning regulations, et cetera. But we 1760 01:25:48,160 --> 01:25:50,679 Speaker 2: can put put this tear sheet up on the screen, guys, 1761 01:25:50,640 --> 01:25:53,200 Speaker 2: effort teach out and had I think a good response 1762 01:25:53,280 --> 01:25:56,160 Speaker 2: to the Abundance to your book and some of the 1763 01:25:56,200 --> 01:25:59,320 Speaker 2: ideas offered therein. And she says basically like, look, some 1764 01:25:59,360 --> 01:26:02,599 Speaker 2: of these things have been tried and it hasn't really 1765 01:26:02,680 --> 01:26:05,640 Speaker 2: solved the problem. She points to a study from the 1766 01:26:05,760 --> 01:26:08,639 Speaker 2: Urban Institute of Land Use reforms across eleven hundred plus 1767 01:26:08,640 --> 01:26:11,120 Speaker 2: cities from two thousand and twenty nineteen found they that 1768 01:26:11,280 --> 01:26:14,400 Speaker 2: those sorts of reforms increase the housing supply by only 1769 01:26:14,439 --> 01:26:18,160 Speaker 2: zero point eight percent within three to nine years of passage. 1770 01:26:18,720 --> 01:26:20,040 Speaker 3: So when I look at that. 1771 01:26:20,040 --> 01:26:21,960 Speaker 2: I think, Okay, well, what is missing from this picture. 1772 01:26:22,040 --> 01:26:25,000 Speaker 2: I think part of what is missing is this overall 1773 01:26:25,080 --> 01:26:30,760 Speaker 2: landscape of inequality, corporate consolidation, of power, money in politics. 1774 01:26:31,000 --> 01:26:34,080 Speaker 2: Because even when you strip away the regulations, guess what, 1775 01:26:34,120 --> 01:26:37,440 Speaker 2: the people who have money in this country are overwhelmingly 1776 01:26:37,960 --> 01:26:41,120 Speaker 2: the super rich. That's who companies want to cater to. 1777 01:26:41,720 --> 01:26:44,920 Speaker 2: You have massive consolidation within the industry of developers, so 1778 01:26:45,000 --> 01:26:47,519 Speaker 2: they're you know, giant monopolies at this point. And so 1779 01:26:47,640 --> 01:26:50,080 Speaker 2: even with the regulation stripped away, they're like, yeah, but 1780 01:26:50,080 --> 01:26:52,120 Speaker 2: I'm going to build luxury mansions because that's who has 1781 01:26:52,160 --> 01:26:54,479 Speaker 2: the money. I'm going to build luxury condos, so that's 1782 01:26:54,520 --> 01:26:57,360 Speaker 2: who has the money. So, you know, do you mean 1783 01:26:57,439 --> 01:26:59,719 Speaker 2: for this to be a sort of like complete theory 1784 01:26:59,720 --> 01:27:02,240 Speaker 2: of what what's going on? Or is it like, you know, 1785 01:27:02,280 --> 01:27:04,960 Speaker 2: this is one piece that we're looking at seriously so 1786 01:27:05,000 --> 01:27:07,960 Speaker 2: that if Democrats get back in power, we have these 1787 01:27:08,080 --> 01:27:09,920 Speaker 2: governance pieces kind of ready to go. 1788 01:27:11,280 --> 01:27:13,080 Speaker 11: It's such a good question, and there's so much there. 1789 01:27:13,080 --> 01:27:14,519 Speaker 11: I'm going to try to touch on as much of 1790 01:27:14,560 --> 01:27:17,120 Speaker 11: it as I can keep in my head. Yeah, trying 1791 01:27:17,120 --> 01:27:19,640 Speaker 11: to usher in a paradigm shift we think that liberalism 1792 01:27:19,640 --> 01:27:22,719 Speaker 11: of the last fifty years has become consumed by process 1793 01:27:23,200 --> 01:27:26,080 Speaker 11: and not consumed by outcomes. And that's how you get 1794 01:27:26,080 --> 01:27:28,200 Speaker 11: a world ware in San Francisco. If you want to 1795 01:27:28,200 --> 01:27:32,479 Speaker 11: build a new apartment building with public money, there are 1796 01:27:32,479 --> 01:27:34,519 Speaker 11: so many riders attached to that public money that in 1797 01:27:34,520 --> 01:27:36,519 Speaker 11: fact developers have essentially pulled out and said we don't 1798 01:27:36,560 --> 01:27:37,920 Speaker 11: want to build social housing at all. 1799 01:27:38,320 --> 01:27:39,040 Speaker 10: It's a worldware. 1800 01:27:39,080 --> 01:27:41,559 Speaker 11: In twenty twenty one, when there is a development that 1801 01:27:41,640 --> 01:27:44,960 Speaker 11: was being discussed to put up a five hundred units 1802 01:27:45,000 --> 01:27:49,720 Speaker 11: in a Nordstrom valet parking lot, one hundred of which 1803 01:27:49,720 --> 01:27:52,559 Speaker 11: would have been below market rent. In fact, the Board 1804 01:27:52,560 --> 01:27:57,280 Speaker 11: of Supervisors of San Francisco voted it down because it didn't. 1805 01:27:57,000 --> 01:27:59,160 Speaker 10: Pass sufficient environmental review. 1806 01:28:00,000 --> 01:28:03,960 Speaker 11: It's a thicket of laws and reviews and customs that 1807 01:28:04,040 --> 01:28:07,320 Speaker 11: have grown up in the last fifty years. Their environmental laws, 1808 01:28:07,600 --> 01:28:12,200 Speaker 11: their legal norms. Sometimes they're just a sense of empowered gentry, 1809 01:28:12,280 --> 01:28:15,840 Speaker 11: empowered homeowners who want to stop any new development that 1810 01:28:15,840 --> 01:28:19,120 Speaker 11: could possibly threaten their home values. This set of rules 1811 01:28:19,120 --> 01:28:21,280 Speaker 11: and customs of laws has I think accumulated over the 1812 01:28:21,320 --> 01:28:25,800 Speaker 11: last fifty years without a sufficient CounterPunch, we become so processed, 1813 01:28:25,800 --> 01:28:28,599 Speaker 11: obsessed that we haven't sort of cleared the brush and thought, wait, 1814 01:28:29,080 --> 01:28:32,080 Speaker 11: this is about building houses for people to live. You 1815 01:28:32,240 --> 01:28:34,760 Speaker 11: mentioned the fact that you know, we live in a 1816 01:28:34,800 --> 01:28:37,800 Speaker 11: time I think of concerning income and equality, absolutely and 1817 01:28:37,880 --> 01:28:41,160 Speaker 11: even incipient oligarchy. But I would frame it a little 1818 01:28:41,160 --> 01:28:45,800 Speaker 11: bit this way. Is oligarchy worse in Utah than in California. 1819 01:28:46,280 --> 01:28:51,240 Speaker 11: Is oligarchy worse in Texas than California. Is oligarchy worse 1820 01:28:51,400 --> 01:28:57,160 Speaker 11: in say, Georgia than Massachusetts. The problems of oligarchy are national, 1821 01:28:57,640 --> 01:29:00,320 Speaker 11: and yet we very clearly see that different cities and 1822 01:29:00,360 --> 01:29:03,439 Speaker 11: states have tremendously different outcomes when it comes to the 1823 01:29:03,479 --> 01:29:05,080 Speaker 11: ability to add housing. 1824 01:29:05,240 --> 01:29:08,200 Speaker 2: So I would say, I would say, actually, to respond 1825 01:29:08,200 --> 01:29:10,360 Speaker 2: to that directly, I actually do think the problem of 1826 01:29:10,360 --> 01:29:13,040 Speaker 2: oligarchy is worse in a place like or at least 1827 01:29:13,120 --> 01:29:18,759 Speaker 2: inequality is worse in a city like San Francisco, New York, Miami, 1828 01:29:19,360 --> 01:29:24,240 Speaker 2: places that are magnets not just domestically but globally for 1829 01:29:24,320 --> 01:29:26,800 Speaker 2: the richest of the rich. You know, you end up 1830 01:29:26,960 --> 01:29:29,920 Speaker 2: with this sort of superclass of people who can spend 1831 01:29:29,960 --> 01:29:32,240 Speaker 2: the millions of millions of dollars that it takes and 1832 01:29:32,280 --> 01:29:34,719 Speaker 2: then an underclass of people who are there to serve 1833 01:29:34,760 --> 01:29:39,320 Speaker 2: them who can't afford rent. So I actually this which 1834 01:29:39,360 --> 01:29:41,280 Speaker 2: gets to another one of my questions to you, and 1835 01:29:41,320 --> 01:29:43,960 Speaker 2: one of the critiques that I've seen of the book 1836 01:29:44,000 --> 01:29:48,760 Speaker 2: and the paradigm shift contained therein is that there's a 1837 01:29:48,840 --> 01:29:51,880 Speaker 2: couple of assumptions that are taken here. One is that 1838 01:29:52,400 --> 01:29:55,160 Speaker 2: the right way to organize our society is having these 1839 01:29:55,200 --> 01:29:59,479 Speaker 2: giant megalopolises, the San Francisco's, the las, the New York's 1840 01:29:59,479 --> 01:30:02,400 Speaker 2: of the world, where you know, it wasn't always the case. 1841 01:30:02,479 --> 01:30:05,719 Speaker 2: We used to have thriving manufacturing and other industry throughout 1842 01:30:05,760 --> 01:30:07,280 Speaker 2: the country, so people were. 1843 01:30:07,160 --> 01:30:08,320 Speaker 3: More widely spread out. 1844 01:30:08,360 --> 01:30:11,360 Speaker 2: Obviously, that helps with being able to afford housing because 1845 01:30:11,400 --> 01:30:14,519 Speaker 2: you just have a more dispersed population. That's number one. 1846 01:30:14,760 --> 01:30:19,040 Speaker 2: And then number two related to that is is the 1847 01:30:19,080 --> 01:30:22,040 Speaker 2: focus too much on these cities. So and this gets 1848 01:30:22,040 --> 01:30:24,559 Speaker 2: back to the question of whether this is a governing agenda, 1849 01:30:24,680 --> 01:30:29,040 Speaker 2: a political like electoral political agenda, or both, because obviously, 1850 01:30:29,160 --> 01:30:31,080 Speaker 2: you know, Democrats have slid a little bit in the cities, 1851 01:30:31,120 --> 01:30:34,120 Speaker 2: but they still perform really well in these giant cities. 1852 01:30:34,120 --> 01:30:36,360 Speaker 2: We don't really need Democrat the Democratic Party to do 1853 01:30:36,400 --> 01:30:39,519 Speaker 2: better in San Francisco. So is the project also a 1854 01:30:39,560 --> 01:30:44,240 Speaker 2: little too focused on these giant urban city centers and 1855 01:30:44,320 --> 01:30:48,280 Speaker 2: taking for granted that that's where the core of you know, 1856 01:30:48,439 --> 01:30:54,120 Speaker 2: American innovation and prosperity and just population density should really be. 1857 01:30:55,040 --> 01:30:56,559 Speaker 10: I love this question. There's so much here. 1858 01:30:56,720 --> 01:30:58,280 Speaker 11: Let me let me let me try to consolidate it 1859 01:30:58,320 --> 01:31:01,519 Speaker 11: into into an answer that matches everything you put on 1860 01:31:01,520 --> 01:31:04,840 Speaker 11: the table. Let's say the outcome that you cared about, 1861 01:31:05,240 --> 01:31:08,800 Speaker 11: because we believe in an outcome based liberalism, Let's say 1862 01:31:08,840 --> 01:31:12,080 Speaker 11: the outcome that you really cared about was income and equality. Well, 1863 01:31:12,080 --> 01:31:14,360 Speaker 11: of course you would want there to be a tax 1864 01:31:14,400 --> 01:31:17,280 Speaker 11: and span redistribution policy, right. You might want to expand 1865 01:31:17,280 --> 01:31:20,200 Speaker 11: the EITC. You might want to expand child tax credits, 1866 01:31:20,280 --> 01:31:21,880 Speaker 11: you might want to expand welfare. 1867 01:31:22,240 --> 01:31:23,320 Speaker 10: All of these are important. 1868 01:31:23,840 --> 01:31:26,599 Speaker 11: But if you're really interested in reducing inequality, I think 1869 01:31:26,640 --> 01:31:31,160 Speaker 11: you should be absolutely obsessed with urban housing policy. The 1870 01:31:31,240 --> 01:31:35,479 Speaker 11: Harvard economist Roschetty has pointed out that upward mobility in 1871 01:31:35,520 --> 01:31:37,280 Speaker 11: this country, when you build a map of it and 1872 01:31:37,320 --> 01:31:39,559 Speaker 11: see you know, who has the best chance of being 1873 01:31:39,600 --> 01:31:42,360 Speaker 11: born into a lower or working class and working their 1874 01:31:42,360 --> 01:31:45,719 Speaker 11: way into the upper middle class, it's in these cities. 1875 01:31:45,840 --> 01:31:48,160 Speaker 11: It's close to these cities. If we want to give 1876 01:31:48,160 --> 01:31:50,639 Speaker 11: more Americans a chance to move forward in their life, 1877 01:31:50,680 --> 01:31:53,080 Speaker 11: we should make it easier for people to live where 1878 01:31:53,080 --> 01:31:55,439 Speaker 11: they want to live, especially if those are some of 1879 01:31:55,479 --> 01:31:59,519 Speaker 11: the highest, most productive, most highly productive cities in the country. 1880 01:32:00,000 --> 01:32:03,200 Speaker 11: In fact, Crystal from much of the last century, this 1881 01:32:03,360 --> 01:32:07,519 Speaker 11: is how American migration worked. If you were working class, 1882 01:32:07,680 --> 01:32:10,200 Speaker 11: you would move closer to these cities, and it would 1883 01:32:10,200 --> 01:32:14,000 Speaker 11: benefit you because the housing costs wouldn't overwhelm the income 1884 01:32:14,040 --> 01:32:16,519 Speaker 11: benefits that you would move, that you would gain from 1885 01:32:16,560 --> 01:32:19,600 Speaker 11: moving to a high income place. But something is unwound 1886 01:32:19,800 --> 01:32:22,240 Speaker 11: very very much in the last fifty years, where it's 1887 01:32:22,280 --> 01:32:25,200 Speaker 11: the cheapest places in the country that have the lowest 1888 01:32:25,520 --> 01:32:28,280 Speaker 11: upward mobility, and it's the most expensive places in the 1889 01:32:28,280 --> 01:32:30,439 Speaker 11: country that have the highest upper mobility. And so in 1890 01:32:30,439 --> 01:32:32,360 Speaker 11: a way you can say it's like the American dream 1891 01:32:32,400 --> 01:32:36,160 Speaker 11: has been torn apart. People have to choose between affordable 1892 01:32:36,200 --> 01:32:40,040 Speaker 11: living and the chance of moving forward in their life. 1893 01:32:40,479 --> 01:32:43,960 Speaker 11: That's a terrible, terrible thing for any country that considers 1894 01:32:43,960 --> 01:32:47,599 Speaker 11: itself the land of free opportunity. We want to build 1895 01:32:47,640 --> 01:32:51,360 Speaker 11: a place where build a country where people can move 1896 01:32:51,520 --> 01:32:53,679 Speaker 11: to where they want to move, and people can stay 1897 01:32:53,680 --> 01:32:56,120 Speaker 11: where they want to stay. That's not the world we 1898 01:32:56,200 --> 01:32:59,120 Speaker 11: have in San Francisco and New York and Boston and Washington, 1899 01:32:59,160 --> 01:33:01,639 Speaker 11: d C. And Los Angeles, in Seattle, and some people 1900 01:33:01,640 --> 01:33:03,880 Speaker 11: don't want to live there, and that's totally fine. And 1901 01:33:03,920 --> 01:33:07,200 Speaker 11: our project is like not some grand design to force 1902 01:33:07,240 --> 01:33:09,479 Speaker 11: everybody to live in a skyscraper. People should live or 1903 01:33:09,479 --> 01:33:11,800 Speaker 11: they want to live. But part of freedom is being 1904 01:33:11,800 --> 01:33:14,160 Speaker 11: able to live near these cities if you want to 1905 01:33:14,200 --> 01:33:18,479 Speaker 11: stay there or work there. And that's where it's unbelievably urgent. 1906 01:33:18,560 --> 01:33:21,200 Speaker 11: I think for the liberals and the Democrats who hold 1907 01:33:21,360 --> 01:33:24,920 Speaker 11: so much power in these places, to use that power 1908 01:33:24,960 --> 01:33:27,680 Speaker 11: as an advertisement for our cause, to say, look what 1909 01:33:27,800 --> 01:33:30,559 Speaker 11: happens when you give us the reins and you give 1910 01:33:30,640 --> 01:33:34,000 Speaker 11: us all of the authority, we produce outcomes like affordability 1911 01:33:34,000 --> 01:33:37,679 Speaker 11: and upward mobility and low crime and fantastic living arrangements 1912 01:33:37,720 --> 01:33:38,160 Speaker 11: for people. 1913 01:33:38,479 --> 01:33:38,959 Speaker 10: Instead. 1914 01:33:39,080 --> 01:33:41,519 Speaker 11: Right now, what's happening is that many blue cities and 1915 01:33:41,520 --> 01:33:45,360 Speaker 11: blue states have turned into anti advertisements for the liberal movement. 1916 01:33:45,920 --> 01:33:47,200 Speaker 11: As we say in the book, I think this is 1917 01:33:47,200 --> 01:33:49,559 Speaker 11: Ezra's line. I have to say, you know, democrats should 1918 01:33:49,560 --> 01:33:52,840 Speaker 11: be able to say, vote for us, and we'll make 1919 01:33:52,880 --> 01:33:55,679 Speaker 11: America like California. And what's happened in the last few 1920 01:33:55,760 --> 01:33:58,679 Speaker 11: years is that Republicans have found advantage in saying vote 1921 01:33:58,680 --> 01:34:02,200 Speaker 11: for Democrats and the America like California. This is not 1922 01:34:02,320 --> 01:34:03,080 Speaker 11: the world we. 1923 01:34:03,040 --> 01:34:03,519 Speaker 10: Want to live in. 1924 01:34:03,640 --> 01:34:06,040 Speaker 11: And frankly, if these are the results that liberals are getting, 1925 01:34:06,040 --> 01:34:08,320 Speaker 11: they don't deserve to win at the national level. What 1926 01:34:08,360 --> 01:34:11,080 Speaker 11: we want to change is we want to change the 1927 01:34:11,479 --> 01:34:14,160 Speaker 11: meaning of the Democratic party, the valance of the Democratic parties, 1928 01:34:14,200 --> 01:34:17,439 Speaker 11: starting with effective governance where we whole power the most. 1929 01:34:17,520 --> 01:34:19,200 Speaker 1: Do you worry, Derek that this leads to a bit 1930 01:34:19,240 --> 01:34:21,920 Speaker 1: of a cultural imbalance, because part of what you know, 1931 01:34:22,000 --> 01:34:24,680 Speaker 1: make America more like Texas, or make America more like 1932 01:34:24,720 --> 01:34:27,240 Speaker 1: Georgia is not, you know, like you said, living in 1933 01:34:27,240 --> 01:34:31,320 Speaker 1: skyscrapers or even smaller. It's really about space and abundance. 1934 01:34:31,400 --> 01:34:35,200 Speaker 1: There also comes along with a cultural element of like 1935 01:34:35,240 --> 01:34:37,040 Speaker 1: you just can kind of do whatever you want to 1936 01:34:37,080 --> 01:34:41,559 Speaker 1: do without monolithic like beliefs being shoved in your face. 1937 01:34:41,600 --> 01:34:43,280 Speaker 1: So I think those two things do go hand in hand. 1938 01:34:43,360 --> 01:34:45,120 Speaker 1: Let's say, for the five hundred thousand people who left 1939 01:34:45,160 --> 01:34:48,120 Speaker 1: the California state of California for Texas and for Florida 1940 01:34:48,120 --> 01:34:50,479 Speaker 1: that obviously was very important to them. How do you 1941 01:34:50,479 --> 01:34:53,760 Speaker 1: think about that question whenever you're thinking about making California 1942 01:34:53,960 --> 01:34:57,760 Speaker 1: San Francisco great again as a template for why somebody 1943 01:34:57,840 --> 01:35:01,280 Speaker 1: in Milwaukee, Wisconsin would want to vote for you. 1944 01:35:01,640 --> 01:35:03,679 Speaker 10: Yeah, that's right. You know, no one's asked that question before. 1945 01:35:03,720 --> 01:35:04,639 Speaker 10: That's a really interesting question. 1946 01:35:05,560 --> 01:35:08,960 Speaker 11: So you know, you're talking about this idea of like 1947 01:35:09,120 --> 01:35:11,479 Speaker 11: cultural freedom, of people being able to live the way 1948 01:35:11,479 --> 01:35:12,040 Speaker 11: they want to live. 1949 01:35:12,680 --> 01:35:13,880 Speaker 10: I think that's fantastic. 1950 01:35:13,920 --> 01:35:17,439 Speaker 11: I consider myself essentially a social libertarian, even though those 1951 01:35:17,680 --> 01:35:20,200 Speaker 11: ideas aren't particularly present in the book. But when I 1952 01:35:20,200 --> 01:35:24,120 Speaker 11: think about like the most famous expressions of sort of 1953 01:35:24,800 --> 01:35:26,760 Speaker 11: laissez fair live how you want to live, sort of 1954 01:35:26,800 --> 01:35:31,120 Speaker 11: cultural libertarianism, I honestly think of cities interesting. I think 1955 01:35:31,120 --> 01:35:34,120 Speaker 11: of like New York in the nineteen sixties or San 1956 01:35:34,160 --> 01:35:35,639 Speaker 11: Francisco in the nineteen sixties. 1957 01:35:35,680 --> 01:35:37,280 Speaker 10: I think of these places. 1958 01:35:37,240 --> 01:35:40,400 Speaker 11: Where all of these new ideas were bursting forth and 1959 01:35:40,439 --> 01:35:43,519 Speaker 11: colliding with each other, where people were having new concepts 1960 01:35:43,560 --> 01:35:48,080 Speaker 11: of poetry and music, and you know, different ideas about 1961 01:35:48,120 --> 01:35:51,880 Speaker 11: you know, living arrangements and romantic arrangements. You know, if 1962 01:35:51,920 --> 01:35:55,200 Speaker 11: what you're interested in is a world where people have 1963 01:35:55,320 --> 01:36:00,479 Speaker 11: this extraordinary freedom to explore their identity in a world 1964 01:36:00,520 --> 01:36:03,040 Speaker 11: where other people are exploring their identities. I think any 1965 01:36:03,120 --> 01:36:06,120 Speaker 11: honest look at American urban history from the last fifty 1966 01:36:06,280 --> 01:36:09,960 Speaker 11: seventy years shows it's cities that have been the cauldron 1967 01:36:10,000 --> 01:36:13,639 Speaker 11: of exactly this type of freedom. And of course, if 1968 01:36:13,680 --> 01:36:17,680 Speaker 11: people want to live in Georgia with their lawns and 1969 01:36:17,760 --> 01:36:21,200 Speaker 11: their single family houses, there's nothing in this book telling 1970 01:36:21,240 --> 01:36:24,360 Speaker 11: them that they're wrong to do. So what we're trying 1971 01:36:24,360 --> 01:36:26,840 Speaker 11: to say at a very basic level is there are 1972 01:36:26,960 --> 01:36:29,040 Speaker 11: some cities in this country, and at least in the 1973 01:36:29,040 --> 01:36:32,160 Speaker 11: house for the housing part, because the the book is capacious, 1974 01:36:32,240 --> 01:36:34,840 Speaker 11: but the housing part, there are some cities where the 1975 01:36:34,920 --> 01:36:37,720 Speaker 11: rules that we have created have made it impossible for 1976 01:36:37,840 --> 01:36:40,759 Speaker 11: market conditions to work. And while markets are not perfect, 1977 01:36:40,840 --> 01:36:42,920 Speaker 11: one thing they're very good at doing is matching supply 1978 01:36:42,960 --> 01:36:45,599 Speaker 11: and demand. And right now you have this enormous demand 1979 01:36:45,640 --> 01:36:47,880 Speaker 11: to live in places like Washington, D C. And New York, 1980 01:36:47,880 --> 01:36:51,759 Speaker 11: San Francisco, Los Angeles, but you have constraints to supply, 1981 01:36:52,400 --> 01:36:54,640 Speaker 11: and in macroeconomics, one on one, the only thing that 1982 01:36:54,680 --> 01:36:57,320 Speaker 11: happens when demand goes like this and supply stays flat, 1983 01:36:57,640 --> 01:37:00,439 Speaker 11: is prices go to the moon. Prices are going the moon. 1984 01:37:00,840 --> 01:37:03,200 Speaker 11: And it's not just a problem for Los Angeles, it's 1985 01:37:03,240 --> 01:37:06,920 Speaker 11: a problem for Democrats nationwide. We just lost Democrats did 1986 01:37:06,960 --> 01:37:10,759 Speaker 11: an election that was all about affordability, and so being 1987 01:37:10,880 --> 01:37:15,000 Speaker 11: obsessed about the inputs to affordability, I think is essential 1988 01:37:15,320 --> 01:37:18,160 Speaker 11: to any liberal movement making the public feel like we 1989 01:37:18,280 --> 01:37:19,439 Speaker 11: care about them again. 1990 01:37:19,520 --> 01:37:23,000 Speaker 2: Okay, so the three major components, in my opinion, I 1991 01:37:23,000 --> 01:37:26,760 Speaker 2: think in your opinion too, of the affordable crisis affordability 1992 01:37:26,760 --> 01:37:30,840 Speaker 2: crisis are housing, education, and healthcare. These are you know, 1993 01:37:31,479 --> 01:37:34,880 Speaker 2: huge ticket items that are central to sort of like 1994 01:37:34,960 --> 01:37:39,599 Speaker 2: middle class prosperity and have been skyrocketing over years and years. 1995 01:37:40,200 --> 01:37:44,400 Speaker 2: And again when I look at what is causing the 1996 01:37:44,720 --> 01:37:48,800 Speaker 2: massive price escalations in each of those, I agree that 1997 01:37:48,840 --> 01:37:52,120 Speaker 2: the story you're telling is part of that story. But 1998 01:37:52,160 --> 01:37:54,200 Speaker 2: when I look at you know, like to take healthcare 1999 01:37:54,320 --> 01:37:56,040 Speaker 2: as an example, which probably the one of these that 2000 01:37:56,360 --> 01:38:00,120 Speaker 2: I've thought the most about the biggest problem in healthcare, 2001 01:38:00,200 --> 01:38:01,879 Speaker 2: and we can see it with how much more efficient 2002 01:38:01,960 --> 01:38:04,400 Speaker 2: Medicare is and how much you know, compared to private insurance. 2003 01:38:04,760 --> 01:38:08,439 Speaker 2: It's the profit motive, and so you know where is 2004 01:38:08,520 --> 01:38:10,000 Speaker 2: that in the story. 2005 01:38:10,000 --> 01:38:13,560 Speaker 3: Because some of the some of the. 2006 01:38:13,280 --> 01:38:16,520 Speaker 2: Suggestions you make about how to make healthcare more affordable. 2007 01:38:16,920 --> 01:38:19,280 Speaker 2: It sort of reminds me of back during the Obamacare 2008 01:38:19,320 --> 01:38:21,880 Speaker 2: debate when Republicans were like, we've got a healthcare plan too, 2009 01:38:22,000 --> 01:38:24,920 Speaker 2: you can sell plans across state lines and that'll fix everything. 2010 01:38:24,920 --> 01:38:27,479 Speaker 2: It's like, well, that might make things a little bit better, 2011 01:38:27,880 --> 01:38:31,360 Speaker 2: but really, the profit motive and the fact that you've 2012 01:38:31,400 --> 01:38:33,920 Speaker 2: got all these middlemen who are taking their cut, and 2013 01:38:34,000 --> 01:38:36,479 Speaker 2: you know, we're getting screwed on drug prices, and we're 2014 01:38:36,479 --> 01:38:40,120 Speaker 2: getting screwed in you know, every the pharmacy benefit managers, 2015 01:38:40,160 --> 01:38:43,439 Speaker 2: every single step of this process. That's really the core 2016 01:38:43,479 --> 01:38:47,240 Speaker 2: of the story here. So you know, I was listening 2017 01:38:47,320 --> 01:38:49,680 Speaker 2: to Ezra in one of his interviews and he was 2018 01:38:50,040 --> 01:38:53,320 Speaker 2: sort of chiding the progressives and the left for looking 2019 01:38:53,400 --> 01:38:55,559 Speaker 2: at models overseas and sal we want to be more 2020 01:38:55,640 --> 01:38:57,120 Speaker 2: like them. He's like, well, you should want to be 2021 01:38:57,120 --> 01:39:00,080 Speaker 2: better than them. Okay, fair enough, but it's also true 2022 01:39:00,320 --> 01:39:03,080 Speaker 2: that if we just were doing as well on healthcare 2023 01:39:03,520 --> 01:39:05,880 Speaker 2: as the rest of the developed world, we would be 2024 01:39:05,960 --> 01:39:09,120 Speaker 2: in a much much better place. And while I'm sure 2025 01:39:09,160 --> 01:39:11,920 Speaker 2: that you know you want to have more doctors be 2026 01:39:11,960 --> 01:39:13,960 Speaker 2: able to come in the country more H one b's 2027 01:39:14,040 --> 01:39:16,479 Speaker 2: for this, and you have additional reforms that you offer. 2028 01:39:16,720 --> 01:39:18,440 Speaker 3: I'm sure those things would help. 2029 01:39:18,640 --> 01:39:20,479 Speaker 2: But they would help in the way that sort of 2030 01:39:20,520 --> 01:39:22,360 Speaker 2: like Obamacare, I've made it a little better, but the 2031 01:39:22,360 --> 01:39:25,080 Speaker 2: problem is still at its core unresolved. 2032 01:39:27,520 --> 01:39:30,040 Speaker 11: The way I think about this again, I think there's 2033 01:39:30,280 --> 01:39:33,160 Speaker 11: there's a lot of use to being really clear about 2034 01:39:33,160 --> 01:39:35,479 Speaker 11: what outcomes you're looking for. So let's say, for the 2035 01:39:35,479 --> 01:39:38,840 Speaker 11: purpose of this conversation, because healthcare is a big, big topic, 2036 01:39:39,360 --> 01:39:41,640 Speaker 11: what we care about for American health care is it 2037 01:39:41,760 --> 01:39:47,280 Speaker 11: healthcare be universal, that it be affordable, not only for individuals, 2038 01:39:47,280 --> 01:39:49,320 Speaker 11: but frankly also for the state, because you don't want 2039 01:39:49,360 --> 01:39:51,559 Speaker 11: our deficits to reach like five trillion dollars a year 2040 01:39:51,600 --> 01:39:55,800 Speaker 11: in medicare. And also high quality and high quality is 2041 01:39:55,920 --> 01:39:59,720 Speaker 11: very very important. Because let's say America had universal health 2042 01:39:59,720 --> 01:40:03,519 Speaker 11: care in nineteen forty three, that'd be wonderful from an 2043 01:40:03,520 --> 01:40:04,360 Speaker 11: equity standpoint. 2044 01:40:04,400 --> 01:40:06,520 Speaker 10: You would have absolute universal coverage. 2045 01:40:06,640 --> 01:40:10,599 Speaker 11: But penicillin didn't exist in nineteen forty three, gop one 2046 01:40:10,680 --> 01:40:11,639 Speaker 11: drugs didn't exist. 2047 01:40:11,960 --> 01:40:13,600 Speaker 10: Practically, no modern cancer. 2048 01:40:13,320 --> 01:40:18,880 Speaker 11: Therapies existed, Liquid IV plastic bags didn't exist. Oximeters didn't exist, 2049 01:40:18,920 --> 01:40:22,240 Speaker 11: cat scans didn't exist, MRIs didn't exist. A part of 2050 01:40:22,240 --> 01:40:25,840 Speaker 11: our book is about the centrality of science and technology 2051 01:40:25,920 --> 01:40:29,799 Speaker 11: to progressive ends, because what makes a healthcare card valuable 2052 01:40:30,160 --> 01:40:32,320 Speaker 11: isn't just the paper itself or the fact that you 2053 01:40:32,360 --> 01:40:35,240 Speaker 11: have access to a doctor. It's the services but the 2054 01:40:35,280 --> 01:40:39,240 Speaker 11: doctor can provide you as a patient, and enlarging the 2055 01:40:39,320 --> 01:40:41,679 Speaker 11: value of those services, I think is a huge part 2056 01:40:41,880 --> 01:40:44,240 Speaker 11: of what progressive should focus on if they care about healthcare, 2057 01:40:44,400 --> 01:40:46,479 Speaker 11: such as the first point, the second point is that 2058 01:40:46,520 --> 01:40:50,720 Speaker 11: if you ultimately care about managing prices, you're right that 2059 01:40:50,760 --> 01:40:53,640 Speaker 11: there is a lot that we can do outside the 2060 01:40:53,680 --> 01:40:55,800 Speaker 11: scope of just science and tech policy. I mean, I 2061 01:40:55,840 --> 01:40:58,160 Speaker 11: did a podcast on Plan English about the fact that 2062 01:40:58,200 --> 01:41:00,679 Speaker 11: if I was, for whatever reason, this is a DOGE, 2063 01:41:00,720 --> 01:41:02,679 Speaker 11: one of the first things I would do is dive 2064 01:41:02,760 --> 01:41:06,760 Speaker 11: directly into Medicare advantage, because it is so clear that 2065 01:41:06,800 --> 01:41:10,320 Speaker 11: the Medicare advantage program, which allows seniors to use private insurers, 2066 01:41:10,720 --> 01:41:14,120 Speaker 11: is bilking the federal government of not just a few 2067 01:41:14,160 --> 01:41:15,960 Speaker 11: million dollars here and there, like a lot of the 2068 01:41:15,960 --> 01:41:19,400 Speaker 11: DOGE savings are, but maybe tens of billions. 2069 01:41:19,000 --> 01:41:21,400 Speaker 10: Of dollars a year over one hundred billion dollars a year. 2070 01:41:21,560 --> 01:41:25,240 Speaker 11: If what you care about again is equity and affordability, 2071 01:41:25,240 --> 01:41:28,960 Speaker 11: we should be obsessed with Medicare advantage. The other point 2072 01:41:28,960 --> 01:41:31,559 Speaker 11: I would absolutely grant you is that while I don't 2073 01:41:31,600 --> 01:41:35,000 Speaker 11: consider an I trust anti monopoly policy to be utterly 2074 01:41:35,120 --> 01:41:38,080 Speaker 11: central to and pore to my vision of progress in America, 2075 01:41:38,439 --> 01:41:41,840 Speaker 11: there is no debating the fact that in many healthcare 2076 01:41:41,880 --> 01:41:46,599 Speaker 11: industries like dialysis and healthcare consolidation, we have very clear 2077 01:41:46,720 --> 01:41:50,160 Speaker 11: evidence that economists have made quite plain that consolidation in 2078 01:41:50,240 --> 01:41:54,120 Speaker 11: these industries and market concentration is driving up costs for 2079 01:41:54,200 --> 01:41:58,120 Speaker 11: patients and driving quality down. So this is a place where, 2080 01:41:58,360 --> 01:42:01,519 Speaker 11: when it comes to process, comes the tools of my disposal. 2081 01:42:01,920 --> 01:42:05,600 Speaker 11: I don't feel particularly jealous about any one set of 2082 01:42:05,640 --> 01:42:08,160 Speaker 11: tools that is more popular in the left or the 2083 01:42:08,200 --> 01:42:10,880 Speaker 11: center the right. What I'm focused on, and one thing 2084 01:42:10,880 --> 01:42:12,559 Speaker 11: I think this book is trying very hard to get 2085 01:42:12,560 --> 01:42:16,360 Speaker 11: people to see is outcomes. If you want healthcare that 2086 01:42:16,560 --> 01:42:20,519 Speaker 11: is equitable and affordable and high quality, there are different 2087 01:42:20,680 --> 01:42:23,000 Speaker 11: levers you can pull in different ways, and it's not 2088 01:42:23,120 --> 01:42:25,160 Speaker 11: as if there's going to be one policy that fixes 2089 01:42:25,200 --> 01:42:26,080 Speaker 11: all these things at once. 2090 01:42:27,479 --> 01:42:29,840 Speaker 2: Another question I had for you, Derek, we can put 2091 01:42:29,920 --> 01:42:32,679 Speaker 2: G three up on the screen. This was I thought 2092 01:42:32,880 --> 01:42:37,920 Speaker 2: an important sort of like contextual critique, given that it 2093 01:42:38,000 --> 01:42:40,240 Speaker 2: is coming out in March of twenty twenty five and 2094 01:42:40,280 --> 01:42:44,320 Speaker 2: we are watching the doge onslaught like destroying key functions 2095 01:42:44,320 --> 01:42:45,040 Speaker 2: of the government, etc. 2096 01:42:45,560 --> 01:42:46,599 Speaker 3: This was from someone who. 2097 01:42:46,400 --> 01:42:49,920 Speaker 2: Gave a pretty favorable review actually to the book in 2098 01:42:49,960 --> 01:42:52,720 Speaker 2: Democracy Journal, and he said, listen, it's too early, but 2099 01:42:52,760 --> 01:42:55,160 Speaker 2: Doge onslot because it is a unique challenge on both sides, 2100 01:42:55,160 --> 01:42:57,920 Speaker 2: saying you can do efficiency, but right concedes the thing 2101 01:42:57,960 --> 01:43:00,560 Speaker 2: we shouldn't that Doge is something other than billionaire and 2102 01:43:00,600 --> 01:43:03,840 Speaker 2: academy vendor plundering and dismantling the government. Indeed, I say 2103 01:43:03,840 --> 01:43:06,160 Speaker 2: in the piece, but worth emphasizing. As Doge takes place, 2104 01:43:06,520 --> 01:43:09,800 Speaker 2: the idea that quote unquote good governance is some democratic 2105 01:43:09,800 --> 01:43:12,760 Speaker 2: protection here against right wing forces feels pretty flat. The 2106 01:43:12,840 --> 01:43:17,960 Speaker 2: CFPB was designed very well, that didn't matter, And you 2107 01:43:18,000 --> 01:43:21,639 Speaker 2: know what he's gesturing towards there is the fact that okay, 2108 01:43:21,680 --> 01:43:23,600 Speaker 2: but then when you have the richest man on the 2109 01:43:23,600 --> 01:43:26,040 Speaker 2: planet come in and say, yeah, but I don't like this, 2110 01:43:27,360 --> 01:43:29,600 Speaker 2: all of the planning and the good governance in the 2111 01:43:29,600 --> 01:43:30,920 Speaker 2: fact that the CFPP. 2112 01:43:30,560 --> 01:43:31,679 Speaker 3: Actually delivered for people. 2113 01:43:31,960 --> 01:43:35,000 Speaker 2: It ends up not really mattering if you don't tackle 2114 01:43:35,080 --> 01:43:38,400 Speaker 2: that core problem of the way that money has captured 2115 01:43:38,400 --> 01:43:41,400 Speaker 2: our politics and the way that you know, billionaire and 2116 01:43:41,439 --> 01:43:45,559 Speaker 2: corporate interests are far more represented by our political parties 2117 01:43:45,720 --> 01:43:47,960 Speaker 2: than the interests of the people that you're you know 2118 01:43:48,000 --> 01:43:49,600 Speaker 2: that you want to serve and that you want to 2119 01:43:49,600 --> 01:43:51,040 Speaker 2: make life better for And I do too. 2120 01:43:51,640 --> 01:43:56,040 Speaker 10: Yeah, I love Mike. Mike is an absolute genius. 2121 01:43:56,520 --> 01:43:59,439 Speaker 11: I do not agree with the sentiment expressed in those 2122 01:43:59,439 --> 01:44:01,720 Speaker 11: tweets read with so much of his review. I just 2123 01:44:01,720 --> 01:44:05,919 Speaker 11: don't agree with the sentiment expressed in those tweets saying 2124 01:44:06,520 --> 01:44:10,120 Speaker 11: that government should do efficiency but right does not in 2125 01:44:10,240 --> 01:44:13,800 Speaker 11: any way grant elon Musk any kind of credit at all. 2126 01:44:14,479 --> 01:44:16,519 Speaker 11: It is very easy to put. 2127 01:44:16,320 --> 01:44:17,360 Speaker 10: Two things on the table. 2128 01:44:17,760 --> 01:44:21,280 Speaker 11: Number one that DOGE is an absolute disaster, and number 2129 01:44:21,320 --> 01:44:25,040 Speaker 11: two that as an entirely separate matter, government should be 2130 01:44:25,040 --> 01:44:29,960 Speaker 11: obsessed with efficiency. So Doge's disaster, Yes, I mean. They 2131 01:44:30,000 --> 01:44:32,200 Speaker 11: try to reform the Department of Energy to be more 2132 01:44:32,200 --> 01:44:36,000 Speaker 11: about nuclear security and accidentally gut it the only administration 2133 01:44:36,080 --> 01:44:38,759 Speaker 11: within DOE that has the words nuclear security in the title. 2134 01:44:39,320 --> 01:44:41,439 Speaker 11: They tried to reform the FDA and fired some of 2135 01:44:41,439 --> 01:44:45,360 Speaker 11: their most talented probationary employees. I think DOGE is a mess. 2136 01:44:45,560 --> 01:44:49,040 Speaker 11: Period closed the door there. Let's talk about government efficiency 2137 01:44:49,120 --> 01:44:52,160 Speaker 11: for a second. The Biden administration and the Bipartisan Infrastructure 2138 01:44:52,200 --> 01:44:56,800 Speaker 11: Bill allocated and authorized forty two billion dollars for rural broadband. 2139 01:44:57,080 --> 01:44:57,240 Speaker 1: Right. 2140 01:44:57,439 --> 01:44:59,800 Speaker 11: Biden and Boodhajech called this bill the most important and 2141 01:44:59,800 --> 01:45:03,320 Speaker 11: for structure bill passed in something like forty fifty sixty years. 2142 01:45:03,520 --> 01:45:06,840 Speaker 11: But what happened with world broadband? They authorized forty two 2143 01:45:06,880 --> 01:45:10,720 Speaker 11: billion dollars to extend internet coverage for America's most underserved communities, 2144 01:45:11,120 --> 01:45:15,679 Speaker 11: and now four calendar years after that bill was passed, 2145 01:45:15,880 --> 01:45:19,600 Speaker 11: practically nobody has been hooked up to the service. And 2146 01:45:19,640 --> 01:45:23,120 Speaker 11: it's in part because the government created a fourteen step 2147 01:45:23,200 --> 01:45:26,880 Speaker 11: process for fifty six different states and localities to fill out, 2148 01:45:27,080 --> 01:45:29,519 Speaker 11: and it was so cumbersome and so impossible and so 2149 01:45:29,800 --> 01:45:33,360 Speaker 11: damn annoying that today only three of the fifty six 2150 01:45:33,400 --> 01:45:35,880 Speaker 11: have actually gotten all the way through the process. And 2151 01:45:35,920 --> 01:45:37,559 Speaker 11: now Trump's going to come in and got the entire 2152 01:45:37,560 --> 01:45:39,840 Speaker 11: program and just hand the whole thing to Starlink. That's 2153 01:45:39,880 --> 01:45:44,360 Speaker 11: not government working well, that's government associating success with how 2154 01:45:44,439 --> 01:45:47,960 Speaker 11: much money you can tell people you've authorized or spent with, 2155 01:45:48,360 --> 01:45:50,880 Speaker 11: rather than associating success with how much you actually build. 2156 01:45:51,200 --> 01:45:53,760 Speaker 11: Right That's the world we talk about over and over 2157 01:45:53,840 --> 01:45:56,760 Speaker 11: again in this book. It's a world where California authorizes 2158 01:45:56,840 --> 01:45:59,000 Speaker 11: thirty three billion dollars to build a high speed rail 2159 01:45:59,040 --> 01:46:01,439 Speaker 11: system in California that does not exist. 2160 01:46:01,600 --> 01:46:03,320 Speaker 10: It's a world where the Chicago. 2161 01:46:02,920 --> 01:46:06,160 Speaker 11: Mayor Brandon Johnson bragged on Twitter two weeks ago that 2162 01:46:06,240 --> 01:46:10,200 Speaker 11: he spent eleven billion dollars building ten thousand affordable housing 2163 01:46:10,240 --> 01:46:13,320 Speaker 11: units in Chicago. That's one point one million dollars per 2164 01:46:13,360 --> 01:46:17,320 Speaker 11: affordable housing unit in the Midwest. That's pathetic. That is 2165 01:46:17,400 --> 01:46:23,240 Speaker 11: government at its most inefficient. That's government as an ineffective disaster. 2166 01:46:23,479 --> 01:46:25,240 Speaker 1: Yeah, and I don't need right. 2167 01:46:25,120 --> 01:46:28,240 Speaker 2: Now, don't I don't story. Yeah, I got Okay, Well, 2168 01:46:28,280 --> 01:46:30,719 Speaker 2: I was just going to say what. I don't disagree 2169 01:46:30,760 --> 01:46:33,800 Speaker 2: with any of that. I'm just saying that, Like with 2170 01:46:33,920 --> 01:46:36,320 Speaker 2: the CFPB example, I think it's a really good one 2171 01:46:36,680 --> 01:46:40,040 Speaker 2: because Democrats, you know, Elizabeth Warren was sort of the 2172 01:46:40,160 --> 01:46:44,720 Speaker 2: ideological architect. Democrats built ount this new agency. Like yes, 2173 01:46:44,760 --> 01:46:47,000 Speaker 2: it's not a training or a railroad, but it's the 2174 01:46:47,080 --> 01:46:49,559 Speaker 2: real thing that had to be built from scratch and 2175 01:46:49,600 --> 01:46:52,800 Speaker 2: they did a great job, but it didn't matter because 2176 01:46:52,840 --> 01:46:55,240 Speaker 2: Elon Musk could spend a quarter of a billion dollars 2177 01:46:55,640 --> 01:46:58,800 Speaker 2: in a presidential election and come in and destroy it. 2178 01:46:59,320 --> 01:47:02,880 Speaker 2: So that's what I'm saying is just I feel like 2179 01:47:02,960 --> 01:47:06,559 Speaker 2: that piece is missing and it's important, and so if 2180 01:47:06,600 --> 01:47:10,080 Speaker 2: it's going to be a complete, you know, paradigm shift 2181 01:47:10,720 --> 01:47:14,800 Speaker 2: and a sort of like guidebook for how Democrats should 2182 01:47:14,800 --> 01:47:19,000 Speaker 2: approach both politics and governance going forward, I just feel 2183 01:47:19,080 --> 01:47:22,400 Speaker 2: I just personally looking at the data, that part feel 2184 01:47:22,520 --> 01:47:25,840 Speaker 2: so central to me that it's notable that it's that 2185 01:47:25,880 --> 01:47:26,479 Speaker 2: it's not there. 2186 01:47:27,760 --> 01:47:29,360 Speaker 11: Yeah, I want to make sure that I understand what 2187 01:47:29,360 --> 01:47:31,320 Speaker 11: what piece you don't think is there, because when I 2188 01:47:31,360 --> 01:47:35,840 Speaker 11: look at this situation, the reason that Elon Musk is 2189 01:47:35,880 --> 01:47:40,040 Speaker 11: destroying CFPB is not that people in the center left 2190 01:47:40,120 --> 01:47:44,360 Speaker 11: are giving Elon Musk too much credit. He's destroying CFPB 2191 01:47:44,960 --> 01:47:48,120 Speaker 11: because Donald Trump won the election and he doesn't give 2192 01:47:48,280 --> 01:47:49,639 Speaker 11: a damn about CFPV. 2193 01:47:50,400 --> 01:47:51,240 Speaker 10: That's what's happening. 2194 01:47:51,360 --> 01:47:54,360 Speaker 11: We're having an ideological purge to the federal government because 2195 01:47:54,400 --> 01:47:57,000 Speaker 11: Donald Trump has won an election and the government is 2196 01:47:57,040 --> 01:48:00,760 Speaker 11: now a centralized expression of his personality. And his personality 2197 01:48:00,880 --> 01:48:02,760 Speaker 11: is I don't want to see anybody around me who 2198 01:48:02,760 --> 01:48:05,640 Speaker 11: disagrees with me, and I want to destroy every semblance 2199 01:48:05,640 --> 01:48:11,120 Speaker 11: of my predecessor's record. So CFPB is in existential danger 2200 01:48:11,200 --> 01:48:14,960 Speaker 11: right now as I see it. For one overarching reason, 2201 01:48:15,520 --> 01:48:17,880 Speaker 11: Donald Trump won. So then you get to the next 2202 01:48:17,920 --> 01:48:21,040 Speaker 11: step of the analysis. Why did Donald Trump win? And 2203 01:48:21,080 --> 01:48:24,080 Speaker 11: if you ask voters why did Donald Trump win your vote? 2204 01:48:24,160 --> 01:48:26,120 Speaker 11: Why did you switch from Biden to Trump between twenty 2205 01:48:26,120 --> 01:48:28,559 Speaker 11: twenty and twenty twenty four, over and over again, you 2206 01:48:28,560 --> 01:48:32,760 Speaker 11: get the exact same answer. It's affordability. Affordability, affordability. And 2207 01:48:32,800 --> 01:48:35,720 Speaker 11: in many cases, I think this issue of affordability is 2208 01:48:35,920 --> 01:48:40,479 Speaker 11: intimately intertwined with the issue of effectiveness of liberal governance 2209 01:48:40,479 --> 01:48:42,880 Speaker 11: in the places that we have the most power. So 2210 01:48:42,920 --> 01:48:48,120 Speaker 11: when I look at saving administrations like CFPB from the 2211 01:48:48,120 --> 01:48:51,240 Speaker 11: wrath of Elon Musk, what I become obsessed with is 2212 01:48:51,520 --> 01:48:54,479 Speaker 11: how do we take a liberal movement, a Democratic party 2213 01:48:54,520 --> 01:48:57,200 Speaker 11: that right now is scratching and clawing for the forty 2214 01:48:57,240 --> 01:49:00,439 Speaker 11: eight percent and trying to broaden this movement to in 2215 01:49:00,520 --> 01:49:02,920 Speaker 11: not just the forty eight point one percent but a 2216 01:49:02,960 --> 01:49:05,560 Speaker 11: fifty two, fifty three to fifty four percent coalition in 2217 01:49:05,600 --> 01:49:09,240 Speaker 11: this country. It means, I think, enlargening what people think 2218 01:49:09,240 --> 01:49:12,160 Speaker 11: of when they think of liberalism in America. I want 2219 01:49:12,200 --> 01:49:14,000 Speaker 11: them to think of growth. I want them to think 2220 01:49:14,000 --> 01:49:16,880 Speaker 11: of affordability. I want them to think of an absolutely 2221 01:49:16,920 --> 01:49:20,000 Speaker 11: maniacal obsession about how to improve government to make your 2222 01:49:20,040 --> 01:49:20,599 Speaker 11: life better. 2223 01:49:21,080 --> 01:49:22,200 Speaker 10: And finally, I think. 2224 01:49:22,040 --> 01:49:25,240 Speaker 11: That that paradigm shift is the sort of thing that 2225 01:49:25,280 --> 01:49:28,400 Speaker 11: allows Democrats to hold power at the federal level so 2226 01:49:28,439 --> 01:49:31,040 Speaker 11: that mad men like Musk don't come in and burn 2227 01:49:31,080 --> 01:49:31,840 Speaker 11: the whole thing down. 2228 01:49:32,120 --> 01:49:33,599 Speaker 3: So I would add to that. 2229 01:49:33,760 --> 01:49:35,519 Speaker 2: You know, part of how Donald Trump is able to 2230 01:49:35,600 --> 01:49:37,680 Speaker 2: win that election is that he's able to raise a 2231 01:49:37,760 --> 01:49:40,559 Speaker 2: quarter of a billion dollars and once at one, you know, 2232 01:49:40,600 --> 01:49:43,120 Speaker 2: stop shop from the richest man on the planet. And 2233 01:49:43,160 --> 01:49:46,360 Speaker 2: the fact that you have both the vast inequality and 2234 01:49:46,760 --> 01:49:49,599 Speaker 2: the system of money and politics that we do helps 2235 01:49:49,640 --> 01:49:53,120 Speaker 2: to enable that. Not to mention the level of control 2236 01:49:53,160 --> 01:49:55,280 Speaker 2: that people like Elon have. I mean, he's you know, 2237 01:49:55,320 --> 01:49:57,960 Speaker 2: beyond anything we've seen before, but we certainly had billionaire 2238 01:49:58,000 --> 01:50:01,880 Speaker 2: influence in government before. Is port important part of why 2239 01:50:02,360 --> 01:50:06,840 Speaker 2: government fails to deliver, whether it's Democrats or Republicans when 2240 01:50:06,880 --> 01:50:07,599 Speaker 2: they're in power. 2241 01:50:07,680 --> 01:50:09,160 Speaker 3: But you know and related to them. 2242 01:50:09,160 --> 01:50:10,720 Speaker 2: This is my last question for you, Derek, and I 2243 01:50:10,720 --> 01:50:12,840 Speaker 2: appreciate you being a good sport as I you know, 2244 01:50:12,920 --> 01:50:16,920 Speaker 2: ask my questions here. But you know, when I think 2245 01:50:16,960 --> 01:50:21,280 Speaker 2: about the core story of why Democrats lost and why 2246 01:50:21,320 --> 01:50:24,280 Speaker 2: Donald Trump was able to win, I think the story 2247 01:50:24,280 --> 01:50:26,280 Speaker 2: you tell, I think that's absolutely part of it. But 2248 01:50:26,360 --> 01:50:29,760 Speaker 2: I think a central issue was that Donald Trump had 2249 01:50:29,760 --> 01:50:33,240 Speaker 2: a very clear story, a very clear narrative with eros 2250 01:50:33,280 --> 01:50:35,880 Speaker 2: and villains of what went wrong in this country. Right, 2251 01:50:36,439 --> 01:50:40,880 Speaker 2: Immigrants and trans people and cultural elite. They're screwing you over, 2252 01:50:41,080 --> 01:50:44,080 Speaker 2: They're destroying your way of life. Immigrants are the reason 2253 01:50:44,439 --> 01:50:47,360 Speaker 2: why things are not affordable, and I'm going to fix it. 2254 01:50:47,400 --> 01:50:50,040 Speaker 3: Okay, So very clear cut. It's wrong in my opinion. 2255 01:50:50,160 --> 01:50:52,719 Speaker 3: Zer can disagree with me and has before, but it's wrong. 2256 01:50:53,320 --> 01:50:56,559 Speaker 2: But you know, it made sense to people, and it 2257 01:50:56,600 --> 01:51:01,680 Speaker 2: was clear cut. Democrats don't have a similar sort of 2258 01:51:01,920 --> 01:51:04,719 Speaker 2: hero villain narrative that makes sense to people. 2259 01:51:04,880 --> 01:51:05,880 Speaker 3: Bernie Sanders does. 2260 01:51:06,400 --> 01:51:07,840 Speaker 2: And you know, I think it's one of the reasons 2261 01:51:07,880 --> 01:51:10,320 Speaker 2: why people are flocking it as town halls. Why people 2262 01:51:10,360 --> 01:51:12,559 Speaker 2: are going to Republican town halls and shanning at them, 2263 01:51:12,720 --> 01:51:15,640 Speaker 2: tax the rich, why he continues to be one of 2264 01:51:15,680 --> 01:51:18,960 Speaker 2: the most popular politicians in the country because he has 2265 01:51:19,000 --> 01:51:23,479 Speaker 2: a very clear cut narrative of what went wrong and 2266 01:51:23,560 --> 01:51:26,360 Speaker 2: who the villains are. So, you know, my last question 2267 01:51:26,400 --> 01:51:29,840 Speaker 2: for you, just to summarize your philosophy here in the 2268 01:51:29,840 --> 01:51:32,760 Speaker 2: paradigm shift you're trying to achieve, Like, who are the 2269 01:51:32,840 --> 01:51:37,599 Speaker 2: villains in your story? Are the villains the like liberal 2270 01:51:37,640 --> 01:51:40,280 Speaker 2: do gooders who mistakenly put. 2271 01:51:40,080 --> 01:51:41,360 Speaker 3: In all the regulations? 2272 01:51:41,400 --> 01:51:43,559 Speaker 2: Like is that who you're pointing at the finger at 2273 01:51:43,840 --> 01:51:45,680 Speaker 2: as the ones that we need to sort of like 2274 01:51:46,040 --> 01:51:48,360 Speaker 2: chide and check and get in line. And if not, 2275 01:51:48,880 --> 01:51:51,479 Speaker 2: how is that really that If that is the sort 2276 01:51:51,479 --> 01:51:55,080 Speaker 2: of you know, villain of your story, how is that 2277 01:51:55,080 --> 01:51:58,360 Speaker 2: that different from the Republican narrative and frame, which would 2278 01:51:58,360 --> 01:52:00,400 Speaker 2: also point the finger at the left and say these 2279 01:52:00,400 --> 01:52:02,559 Speaker 2: people are the reason that things are bad in the country. 2280 01:52:04,040 --> 01:52:05,920 Speaker 11: I think this might be the easiest question you've asked 2281 01:52:05,920 --> 01:52:09,080 Speaker 11: so far, But I'm worried that my thinking that might 2282 01:52:09,120 --> 01:52:12,240 Speaker 11: mean I'm on the wrong track. The villain is easy. 2283 01:52:13,320 --> 01:52:17,040 Speaker 11: Look at Donald Trump, look at Elon Musk. Look what 2284 01:52:17,080 --> 01:52:20,879 Speaker 11: these people are doing to our country and to our government. 2285 01:52:21,880 --> 01:52:24,240 Speaker 11: The liberal enemy is the easiest thing to define here 2286 01:52:24,240 --> 01:52:26,960 Speaker 11: at the national level, and it's very easy to find, 2287 01:52:27,000 --> 01:52:31,120 Speaker 11: specifically in the language of abundance. Donald Trump does not 2288 01:52:31,200 --> 01:52:34,519 Speaker 11: believe in the concept of a positive some outcome. He 2289 01:52:34,520 --> 01:52:37,599 Speaker 11: doesn't believe cooperation is possible at all. He thinks any 2290 01:52:37,600 --> 01:52:40,680 Speaker 11: cooperation that he sees oversees like the mere existence of 2291 01:52:40,720 --> 01:52:44,080 Speaker 11: the EU, is an insult to America. He doesn't think trade, 2292 01:52:44,400 --> 01:52:47,320 Speaker 11: which is the definition of a positive some outcome, can 2293 01:52:47,360 --> 01:52:50,800 Speaker 11: possibly lead to mutually good outcomes for both sides. Every 2294 01:52:50,800 --> 01:52:54,240 Speaker 11: single time Donald Trump identifies some problem with America, he 2295 01:52:54,280 --> 01:52:56,760 Speaker 11: identifies something he wants to take away from America. He says, 2296 01:52:56,800 --> 01:52:58,680 Speaker 11: America doesn't have enough housing, so we need to take 2297 01:52:58,680 --> 01:53:01,559 Speaker 11: away the immigrants. We don't have enough manufacturing, so we 2298 01:53:01,640 --> 01:53:04,400 Speaker 11: have to take away the trade, or we don't do 2299 01:53:04,520 --> 01:53:06,200 Speaker 11: enough good science. What we need to do is reduce 2300 01:53:06,200 --> 01:53:09,879 Speaker 11: the amount of scientific funding. This is a scarcely mindset 2301 01:53:09,920 --> 01:53:13,040 Speaker 11: across the board, and in juxtaposition to that, I think 2302 01:53:13,080 --> 01:53:16,040 Speaker 11: an abundance mindset and an abundance book and an abundance 2303 01:53:16,080 --> 01:53:18,880 Speaker 11: message rings very very clearly with this sort of hero, 2304 01:53:19,280 --> 01:53:21,920 Speaker 11: clear cut hero villain dynamic that you're drawing right, And 2305 01:53:22,360 --> 01:53:26,120 Speaker 11: the distinction could not be more crystalline. But to your point, 2306 01:53:26,320 --> 01:53:28,839 Speaker 11: I don't want to hide the ball here. This book 2307 01:53:29,320 --> 01:53:33,320 Speaker 11: and our critique absolutely forces liberals to take a look 2308 01:53:33,360 --> 01:53:35,920 Speaker 11: in the mirror. And it does so not because we 2309 01:53:36,000 --> 01:53:40,200 Speaker 11: want to give aid to Republicans or because we want 2310 01:53:40,240 --> 01:53:42,599 Speaker 11: to sell books by looking like we're apost states from 2311 01:53:42,640 --> 01:53:47,360 Speaker 11: within the liberal movement. We just fundamentally believe that it 2312 01:53:47,439 --> 01:53:50,960 Speaker 11: is the sins of modern liberalism and the problems of 2313 01:53:51,000 --> 01:53:54,920 Speaker 11: modern progressivism that got us to this point, that allowed 2314 01:53:54,920 --> 01:53:59,040 Speaker 11: someone like Donald Trump, who's frankly not a popular political figure, 2315 01:53:59,400 --> 01:54:02,519 Speaker 11: to nonetheless dominate the political scene over the last decade. 2316 01:54:03,080 --> 01:54:07,200 Speaker 11: Where is an opposition movement that is popular and effective, 2317 01:54:07,640 --> 01:54:10,000 Speaker 11: we have instead as an opposition movement the Democratic Party 2318 01:54:10,000 --> 01:54:13,240 Speaker 11: that is historically unpopular, pulling a twenty nine percent in 2319 01:54:13,280 --> 01:54:16,280 Speaker 11: the last n N rating, and ineffective in the places 2320 01:54:16,280 --> 01:54:19,439 Speaker 11: we hold the most power. So when we do this 2321 01:54:19,560 --> 01:54:23,400 Speaker 11: friendly fire critique, it's not in any way designed to 2322 01:54:23,479 --> 01:54:25,800 Speaker 11: allow us to cozy up to the center right or 2323 01:54:25,800 --> 01:54:28,439 Speaker 11: the right to get them to bring us on their 2324 01:54:28,439 --> 01:54:33,240 Speaker 11: podcast or something. We're trying to win and to develop 2325 01:54:33,240 --> 01:54:35,480 Speaker 11: winning strategies. Sometimes you just have to look very clearly 2326 01:54:35,520 --> 01:54:38,320 Speaker 11: in the mirror to ask Why do we keep losing 2327 01:54:38,600 --> 01:54:42,200 Speaker 11: not just arguments, but people. People are leaving California, They're 2328 01:54:42,240 --> 01:54:45,160 Speaker 11: leaving New York, they're leaving Minnesota, they're leaving Oregon, they're 2329 01:54:45,240 --> 01:54:48,960 Speaker 11: leaving Illinois. How are we losing people and elections at 2330 01:54:49,000 --> 01:54:53,200 Speaker 11: the same time. You can't answer that question, honestly unless 2331 01:54:53,240 --> 01:54:55,320 Speaker 11: you're willing to tell heart truths best your own side. 2332 01:54:55,840 --> 01:54:57,360 Speaker 11: So we are trying to tell heart shruths about our 2333 01:54:57,360 --> 01:54:59,120 Speaker 11: own side. But it is in service to a broader 2334 01:54:59,120 --> 01:55:02,960 Speaker 11: message at is stopping a political revolution on the right 2335 01:55:03,040 --> 01:55:06,520 Speaker 11: that we think absolutely hurts America by putting scarcity over abundance. 2336 01:55:07,040 --> 01:55:09,760 Speaker 1: Derek, really appreciate your analysis. As always, everybody go buy 2337 01:55:09,760 --> 01:55:11,959 Speaker 1: the book. We'll have a link down in the description 2338 01:55:12,120 --> 01:55:14,240 Speaker 1: and I'm excited to finish reading it. So thank you 2339 01:55:14,320 --> 01:55:15,400 Speaker 1: very much, sir. We appreciate you. 2340 01:55:15,480 --> 01:55:16,760 Speaker 3: Thank you, Derek. It's great to see you. 2341 01:55:17,040 --> 01:55:18,320 Speaker 10: Thanks for both of you. Thanks so much. 2342 01:55:18,680 --> 01:55:20,520 Speaker 1: All right, guys, we will see you all later, but 2343 01:55:20,680 --> 01:55:21,720 Speaker 1: quick programming up. 2344 01:55:21,760 --> 01:55:24,040 Speaker 2: Yes, my kids spring break, so I'll be on next week. 2345 01:55:24,120 --> 01:55:25,040 Speaker 3: Ryan will be in for me. 2346 01:55:25,160 --> 01:55:26,640 Speaker 2: I know you guys will be excited about the bro 2347 01:55:26,720 --> 01:55:28,920 Speaker 2: shows that. See you back the week after that. 2348 01:55:29,080 --> 01:55:31,080 Speaker 1: Yes, that's right, all right, we will see you all later.