WEBVTT - Rick Wilson & Annie Karni 0:00:00.640 --> 0:00:04.160 Hi, I'm Molly John Fast and this is Fast Politics, 0:00:04.360 --> 0:00:07.160 where we discussed the top political headlines with some of 0:00:07.160 --> 0:00:11.879 today's best minds. And Trump mentioned Biden three hundred and 0:00:11.920 --> 0:00:15.320 sixteen times on social media in fifty days, mostly to 0:00:15.360 --> 0:00:17.400 blame him for thing. We have such a great joke 0:00:17.480 --> 0:00:22.040 for you today, the Lincoln Projects. Rick Wilson joins us 0:00:22.040 --> 0:00:26.439 to discuss Signal Ghazi and it's continued fallout. Then we'll 0:00:26.440 --> 0:00:29.639 talk to The New York Times own Annie Carney about 0:00:29.680 --> 0:00:34.760 her and Luke Broadwaters book Mad House, how Donald Trump, 0:00:35.320 --> 0:00:39.839 Magamine Girls, a former used car salesman of Florida, and 0:00:40.000 --> 0:00:43.479 fo Baby and a man with rats in his walls 0:00:43.600 --> 0:00:46.680 broke Congress. But first the news Somali. 0:00:47.080 --> 0:00:49.520 Donald Trump is having a little bit of a dose 0:00:49.560 --> 0:00:52.800 of copium as he sees the implications of his tariffs. 0:00:52.800 --> 0:00:56.640 He's told Howard, let Nicky Kit go on Sunday shows anymore. 0:00:56.880 --> 0:00:59.480 We're Howard, that's all here, Yeah, yeah. 0:00:59.720 --> 0:01:00.520 I know. 0:01:01.040 --> 0:01:03.440 This is like if you told Trump they couldn't paint 0:01:03.520 --> 0:01:06.240 himself a color anyway. He now says that he couldn't 0:01:06.280 --> 0:01:09.320 care less if far an automaker's raise prices due to tariffs. 0:01:10.040 --> 0:01:13.520 Who could have seen it coming all probably everyone. Look, 0:01:13.880 --> 0:01:17.959 if there was one thing that Donald Trump had as 0:01:18.000 --> 0:01:22.000 a mandate, and again mandate, use the word mandate very loosely, 0:01:22.040 --> 0:01:24.280 but Donald Trump said he had a mandate. He did 0:01:24.319 --> 0:01:26.319 not have a mandate. But if he had one thing, 0:01:26.840 --> 0:01:29.400 one reason that anyone voted for him, it was that 0:01:29.920 --> 0:01:31.840 he said he was going to make the price of 0:01:31.959 --> 0:01:36.480 eggs cheaper. Guess what he's not doing making the price 0:01:36.520 --> 0:01:39.880 of eggs or anything else cheaper. And here we have 0:01:40.200 --> 0:01:44.119 a great example of that. The guy is obsessed with tariffs. 0:01:44.160 --> 0:01:48.480 He believes that they will somehow make things cheaper, and 0:01:48.560 --> 0:01:51.400 that they will, in fact, call that they'll be crazy 0:01:51.520 --> 0:01:54.240 tax revenue from He just has no idea how any 0:01:54.280 --> 0:01:58.360 of this works. So instead of listening to advisors, he's 0:01:58.400 --> 0:02:01.320 just going to go ahead with it. And earlier last 0:02:01.360 --> 0:02:04.080 week we saw that he said he might make it 0:02:04.120 --> 0:02:07.720 so that car companies can't raise prices. If Harris had 0:02:07.720 --> 0:02:10.639 said that, they would have put they would have done 0:02:10.680 --> 0:02:13.280 the twenty fifth Amendment on her right, because that's it's 0:02:13.400 --> 0:02:17.440 anti capitalists, and Republicans hate things that are anti capitalist. 0:02:17.520 --> 0:02:20.800 You'll remember that actually she had said that there was 0:02:21.200 --> 0:02:23.320 price gouging and that she was going to look into 0:02:23.400 --> 0:02:26.720 price gouging, and all those Republicans weren't crazy. So Donald 0:02:26.720 --> 0:02:29.440 Trump said he might make it so that companies can't 0:02:29.880 --> 0:02:34.160 raise prices because of tariffs. Now he realizes, I'm sure 0:02:34.200 --> 0:02:36.000 that a lot of very rich people called him to 0:02:36.080 --> 0:02:38.920 yell at him, and so now he's saying that he 0:02:38.960 --> 0:02:42.120 doesn't care if they raise prices. The whole point, the 0:02:42.280 --> 0:02:45.840 reason they voted for you was because you lied and 0:02:45.960 --> 0:02:49.079 said you were going to make things cheaper. Now here 0:02:49.120 --> 0:02:52.000 he is directly making things more expensive and saying he 0:02:52.000 --> 0:02:52.519 doesn't care. 0:02:52.840 --> 0:02:55.800 Yeah, the free markets, they just just love this stuff, 0:02:56.200 --> 0:02:59.720 and hence why our stock market is in the toilet down. 0:03:00.000 --> 0:03:03.359 I'm like two friends of the Pod and another professor 0:03:03.400 --> 0:03:07.160 of departed Yale for Canada. Some people are calling this 0:03:07.280 --> 0:03:09.959 brain drain. Some people are calling this much meaner things. 0:03:10.000 --> 0:03:10.960 What are you seeing here? 0:03:11.080 --> 0:03:15.959 Okay, So I know Timothy Snyder and his wife Marcy 0:03:16.840 --> 0:03:20.600 and Jason Sanley, and you know what, they've been planning 0:03:20.600 --> 0:03:24.040 this for a while. I tried to talk Jason out 0:03:24.080 --> 0:03:27.640 of it a number of times. I don't know Timothy 0:03:27.919 --> 0:03:29.880 well enough to try to talk him out of it. 0:03:30.000 --> 0:03:33.360 I really think this is a mistake. I said it 0:03:33.400 --> 0:03:36.040 to all of I didn't get to say to Marcie, 0:03:36.080 --> 0:03:39.480 but I think it's a mistake. I think that we 0:03:39.800 --> 0:03:44.320 are in it's a huge country and this is just 0:03:44.800 --> 0:03:49.920 a foray into authoritarianism, and we Americans don't like it, 0:03:50.000 --> 0:03:54.400 and we are going to push back. And I think 0:03:54.440 --> 0:03:57.640 that it's a huge mistake. And there are many many 0:03:57.760 --> 0:04:03.080 academics who are not famous and who can't just pick 0:04:03.160 --> 0:04:05.920 up a move and we stay and fight for them. 0:04:06.080 --> 0:04:09.680 So I respect that this was what they felt they 0:04:09.720 --> 0:04:12.680 had to do, but I certainly think it's a mistake 0:04:12.800 --> 0:04:15.400 and I think they will regret it. And I know 0:04:15.480 --> 0:04:18.120 I think so much about this my grandfather, Howard Fast, 0:04:18.160 --> 0:04:21.560 who chose to go to jail rather than name names 0:04:21.600 --> 0:04:25.760 during the house. In an American activities, we have to 0:04:25.800 --> 0:04:29.240 be brave, We have to be brave. It feels very 0:04:29.279 --> 0:04:32.800 scary right now they're picking up graduate students off the street, 0:04:32.960 --> 0:04:36.479 but it's scary by design, and we have a responsibility 0:04:36.600 --> 0:04:40.680 to be brave. We must be brave. And I am 0:04:40.800 --> 0:04:43.760 proud to get to live in this country and I 0:04:43.800 --> 0:04:47.279 will not leave and I will be brave, and that's 0:04:47.320 --> 0:04:50.520 what we all need to be doing. So I'm very 0:04:50.520 --> 0:04:53.560 disappointed about this, and it's a loss for Yale and 0:04:53.600 --> 0:04:56.560 it's a loss for America. But it's also just not 0:04:56.839 --> 0:04:59.120 what any of us. What the rest of us are 0:04:59.120 --> 0:05:00.800 going to do. The rest of us going to stay 0:05:01.279 --> 0:05:05.520 and we are going to fight to keep our democracy 0:05:05.960 --> 0:05:07.960 and we will prevail eventually. 0:05:08.279 --> 0:05:08.920 Well said. 0:05:09.279 --> 0:05:13.240 So, speaking of not being courageous, the White House Correspondents 0:05:13.720 --> 0:05:18.240 have fired comedian Amber Ruffin after insulting Mega on a podcast. 0:05:18.279 --> 0:05:21.080 My company produces no comment there, but what do you 0:05:21.080 --> 0:05:21.560 see it here? 0:05:22.160 --> 0:05:25.159 So this is just like one of these things that 0:05:25.200 --> 0:05:29.600 the White House Correspondents Association did, And we know that 0:05:30.040 --> 0:05:36.039 it's important to push back against this administration's authoritarian impulses. 0:05:36.680 --> 0:05:41.279 We know that. So they basically fired Amber because she 0:05:41.520 --> 0:05:46.280 went on she went on a podcast and she said 0:05:46.320 --> 0:05:49.680 she was going to be a comic. And I think 0:05:49.680 --> 0:05:53.800 it's worth remembering that, like the White House, for the 0:05:53.800 --> 0:05:57.680 White House Press Association has had an opportunity to push 0:05:57.800 --> 0:06:00.200 back on a number of things I'm thinking of, like 0:06:00.279 --> 0:06:03.160 what happened with the Associated Press and the Gulf of America. 0:06:03.600 --> 0:06:06.360 They had an opportunity to say, no, this is not 0:06:06.480 --> 0:06:09.920 all right, that you can't ban one if you ban 0:06:10.200 --> 0:06:14.080 one outlet, you ban us all, and they didn't. And 0:06:14.680 --> 0:06:19.080 I think like the only way to survive in this 0:06:19.200 --> 0:06:25.080 authoritarian White House is to bargain collectively. So Trump loves 0:06:25.120 --> 0:06:29.120 the mainstream media, and in a situation like this, what 0:06:29.240 --> 0:06:31.279 I would have done is I would have said, okay, 0:06:31.279 --> 0:06:33.800 if you don't take us, if you don't keep up, 0:06:33.880 --> 0:06:35.240 if you don't have one of us, you don't have 0:06:35.279 --> 0:06:38.560 any of us. And I think that would have been 0:06:38.600 --> 0:06:42.040 the play. Now we're seeing that the White House wants 0:06:42.120 --> 0:06:46.520 to do the seating, which the which the So the 0:06:46.560 --> 0:06:51.160 White House, the White House Association, the Press Association, has 0:06:51.560 --> 0:06:55.520 has done this, White House Correspondence Association has always done 0:06:55.560 --> 0:06:59.320 this seating in the gallery, in the press gallery, and 0:06:59.440 --> 0:07:02.000 now the White House is saying they want to do 0:07:02.040 --> 0:07:05.520 it themselves. So what's happening here is that the White 0:07:05.560 --> 0:07:09.160 House Correspondence they're giving and giving and giving, and and 0:07:09.720 --> 0:07:14.200 what's instead of like that giving being respected the bullies. 0:07:14.360 --> 0:07:17.280 The White House, which is filled with bullies, is doing 0:07:17.320 --> 0:07:20.240 the thing we expected them to do, which is just take, take, take, 0:07:20.280 --> 0:07:23.680 take take. So the only way to stand up to 0:07:23.760 --> 0:07:26.520 bullies is to be strong and say this is not okay, 0:07:26.800 --> 0:07:30.160 and here we have a really good example of just 0:07:30.280 --> 0:07:31.080 what not to do. 0:07:31.640 --> 0:07:31.920 Yep. 0:07:32.480 --> 0:07:36.920 So another very very very stupid news. Trump says he's 0:07:36.960 --> 0:07:39.400 open to using military force to seize Greenland. 0:07:39.560 --> 0:07:43.440 Yeah, this is so stupid. I mean, Greenland doesn't want us. 0:07:44.040 --> 0:07:49.440 It's worth listening to that very stupid speech that jd Vance, 0:07:49.480 --> 0:07:53.080 who is actually quite smart, quite smart Jadvance gave this 0:07:53.400 --> 0:07:57.000 baffling speech where he said, Denmark is not doing for 0:07:57.040 --> 0:08:00.240 you what they should be doing for you. Okay, I 0:08:00.280 --> 0:08:03.320 mean what should Denmark be doing for Greenland? I mean 0:08:03.440 --> 0:08:07.560 it's just ridiculous right these Greenland does not want out 0:08:07.600 --> 0:08:10.840 of its relationship with Denmark. The only person who has 0:08:10.920 --> 0:08:14.200 any interest in Greenland is Donald Trump. Right that the 0:08:14.320 --> 0:08:17.680 idea that somehow Denmark is not serving them, it was 0:08:17.960 --> 0:08:21.200 that was really embarrassing. Gdvan says had to do a 0:08:21.280 --> 0:08:24.840 number of really embarrassing things, but that was that struck 0:08:24.920 --> 0:08:33.640 me as even more humiliating than the more. Rick Wilson 0:08:33.720 --> 0:08:35.600 is the founder of the Lincoln Product and the host 0:08:35.640 --> 0:08:39.120 of the Enemy's List. Come back to Fast Politics. 0:08:39.240 --> 0:08:42.160 Rick Wilson, Molly John Fast, how are you on this 0:08:42.240 --> 0:08:42.760 fine day? 0:08:42.960 --> 0:08:46.320 Oh? I was at the New Orleans book Fair and 0:08:46.360 --> 0:08:48.640 it was very fun, and I just flew home and 0:08:48.679 --> 0:08:49.120 it was. 0:08:50.000 --> 0:08:52.520 It's it's a good town this time of year. 0:08:53.000 --> 0:08:55.920 It's great. And the thing that I was so struck 0:08:55.960 --> 0:08:58.240 by and I want to and we're going to talk 0:08:58.240 --> 0:09:02.000 about it today, I hope, is that it's like we're, 0:09:02.040 --> 0:09:05.520 what nine ten weeks into this presidency something like that, 0:09:05.720 --> 0:09:09.280 and I think this is the week we can say 0:09:09.760 --> 0:09:12.280 for sure that the doors fell off. 0:09:12.720 --> 0:09:16.840 I think we can say that this week was one 0:09:16.880 --> 0:09:21.719 of the most evident weeks of disaster for Trump that 0:09:21.720 --> 0:09:25.640 that we've seen so far in either administration. And I 0:09:25.679 --> 0:09:29.800 say that because I truly believe that this week Trump 0:09:29.840 --> 0:09:32.880 had lost, he lost complete control. 0:09:32.720 --> 0:09:35.600 Over his ability to dominate the message. 0:09:36.160 --> 0:09:40.679 Yeah, yeah, okay, so signal Ghazi. Okay, it's not a Gate, 0:09:40.760 --> 0:09:41.400 it's a Gazi. 0:09:41.880 --> 0:09:43.240 I'll take Yes, it's a gazi. 0:09:44.000 --> 0:09:47.679 Was So what happened there was broke on Monday, Jeff 0:09:47.720 --> 0:09:52.120 Goldberg added to the group chat, probably because because Mike 0:09:52.200 --> 0:09:55.760 Walls had some kind of let's not pretend right that, 0:09:55.880 --> 0:10:00.000 probably because Mike Walls leaks to Jeff, or maybe because 0:10:00.080 --> 0:10:02.679 they did a conversation at some point, but it's worth 0:10:02.760 --> 0:10:06.880 having a second of why Mike Walls has Jeff Goldberg's 0:10:07.720 --> 0:10:10.480 private cell phone number, right, I mean not I have it, 0:10:10.520 --> 0:10:11.840 but not everybody has it. 0:10:12.160 --> 0:10:16.000 But look, as was revealed, Mike doesn't have my number 0:10:16.520 --> 0:10:18.280 that but he could have it if he had me. 0:10:18.280 --> 0:10:18.920 To a group job. 0:10:19.400 --> 0:10:21.360 I've got his number, he's got mine. But that's the 0:10:21.400 --> 0:10:24.120 story for the day. I wasn't added to the group chat. 0:10:25.120 --> 0:10:26.480 Was a bridesmaid. 0:10:27.080 --> 0:10:31.520 That's right. Sometimes it does. Sometimes it doesn't happen for. 0:10:31.480 --> 0:10:34.400 You, reck I know, right, I feel I feel, I 0:10:34.400 --> 0:10:37.600 feel so. So one of the things to think about 0:10:37.640 --> 0:10:40.840 here terror Paulmiery has reported, And now if you look back, 0:10:40.880 --> 0:10:44.760 it's quite evident Walls ran for this job. He was 0:10:44.840 --> 0:10:48.240 out there working reporters to make sure that Trump kept 0:10:48.280 --> 0:10:51.280 looking at him as the logical candidate for this job. 0:10:51.559 --> 0:10:55.680 He ran a program, a press effort to get this job. 0:10:55.880 --> 0:10:57.160 Who do you have to talk to if you're going 0:10:57.240 --> 0:11:00.959 to do that the press? And so the idea that 0:11:01.400 --> 0:11:05.320 Mike Walls not only has a cozy relationship outside of 0:11:05.360 --> 0:11:09.280 Trump's direct supervision with this reporter, but that it could 0:11:09.360 --> 0:11:12.240 be even more, that could be even more reporters that 0:11:12.280 --> 0:11:15.079 he could add to some potential future group chat, I 0:11:15.160 --> 0:11:19.080 think is not great for his survivability. 0:11:18.760 --> 0:11:22.400 So I want to sort of continue on this thinking. 0:11:22.720 --> 0:11:24.959 Trump has said that he is not going to fire 0:11:24.960 --> 0:11:27.800 a Waltz. I'm not in his head, but it seems 0:11:27.800 --> 0:11:30.880 to me like the thinking here is that if you don't, 0:11:31.000 --> 0:11:34.559 if there is no scalp, then it wasn't a real scandal. 0:11:35.559 --> 0:11:40.680 And I think that this is absolutely wrong. And I 0:11:40.720 --> 0:11:44.559 think the reason why they fire people right, the reason 0:11:44.600 --> 0:11:49.080 why scandals lead to someone getting thrown under the bus 0:11:49.160 --> 0:11:52.000 is because if you don't throw one person under the bus, 0:11:52.320 --> 0:11:56.960 then all of you eventually go under the bus. Discuss so. 0:11:57.520 --> 0:12:00.079 One of the rules of political physics in Washington, and 0:12:00.160 --> 0:12:03.240 that until this week Trump has defied for years and 0:12:03.280 --> 0:12:06.040 years and years, is that when you screw up and 0:12:06.080 --> 0:12:09.240 you admit blame, you take the steam out of the system. 0:12:09.520 --> 0:12:12.599 You reduce the pressure to cause a bigger cataclysm in 0:12:12.640 --> 0:12:15.760 the system. And this has been a rule for White 0:12:15.800 --> 0:12:20.199 House's Republican and Democrat for generations. Where people say, oh, yeah, 0:12:20.360 --> 0:12:23.480 Cabinet member so and so, director of whatever agency such 0:12:23.480 --> 0:12:25.960 and such, they screwed up. They go out and they 0:12:25.960 --> 0:12:28.920 say the following words, I take full responsibility for what 0:12:28.960 --> 0:12:32.840 I have done. Here's what happened, They explain what happened, 0:12:33.120 --> 0:12:36.400 They own it. It sucks for a while, but it 0:12:36.520 --> 0:12:39.280 stops the wolves from trying to get in the door 0:12:39.720 --> 0:12:44.080 to the president himself. This procedure works because it's how 0:12:44.160 --> 0:12:47.480 human beings work, It's how humans think and work. And 0:12:47.559 --> 0:12:52.720 it's not just because Trump has some magical superpowers that 0:12:52.800 --> 0:12:54.600 he got away with it. He got away with it 0:12:54.640 --> 0:12:58.600 in part because the media lived in this wonderful bubble 0:12:58.600 --> 0:13:00.960 where Trump would get in trouble and then to get 0:13:01.040 --> 0:13:04.000 himself out of the first trouble he'd caused more trouble. 0:13:04.120 --> 0:13:08.240 He knew something else more outrageous. Right, Oh no, I 0:13:08.280 --> 0:13:10.880 didn't just go out with that with that girl. I 0:13:11.760 --> 0:13:14.400 killed her, and you set off one bomb to distract 0:13:14.400 --> 0:13:16.520 people from the first bomb, and. 0:13:16.520 --> 0:13:16.920 On and on. 0:13:17.120 --> 0:13:20.000 But with this one, what it showed was something that 0:13:20.040 --> 0:13:23.760 people in Washington and the country already sensed that these 0:13:23.760 --> 0:13:27.839 are not the top of the political and talent food 0:13:27.920 --> 0:13:31.560 chain in America. These folks came out looking and looking 0:13:31.800 --> 0:13:35.280 like they were a bunch of backslapping bros. They didn't 0:13:35.320 --> 0:13:37.920 look that spin that the White House put out. Briefly, 0:13:38.000 --> 0:13:40.640 what you saw was how serious they were. No, you 0:13:40.679 --> 0:13:43.800 didn't see that. You saw that these guys were flipping 0:13:43.800 --> 0:13:46.880 emojis back and forth, as David Remnick wrote, like the 0:13:46.920 --> 0:13:51.000 average middle schoolers. And the idea here that this was 0:13:51.000 --> 0:13:54.439 some kind of group chat that showed how competent they 0:13:54.480 --> 0:13:56.120 were is completely wrong. 0:13:56.360 --> 0:13:58.720 People knew this stuff was classified. They didn't. 0:13:58.840 --> 0:14:02.640 You can't argue it into into Even Trump's people can't 0:14:02.679 --> 0:14:06.080 bend that reality into the shape they wanted to be. Right, So, 0:14:06.320 --> 0:14:08.880 if they had given up, if they had thrown somebody 0:14:08.920 --> 0:14:11.719 off of the of the sled to the wolves, if 0:14:11.720 --> 0:14:17.160 they had some one or two reasonable admissions that we 0:14:17.240 --> 0:14:20.640 shouldn't have done this this way, but that is but 0:14:20.680 --> 0:14:24.440 Trump can't do that because that's the Roy Cohne Roger 0:14:24.520 --> 0:14:29.520 Stone world of never apologize, never admit, always attack the 0:14:29.560 --> 0:14:32.720 person who identified your mouthfeasance, et cetera. 0:14:32.920 --> 0:14:37.280 But what I think is interesting is that Mike Waltz 0:14:37.880 --> 0:14:42.880 does not He doesn't necessarily matter so much, right, member 0:14:42.920 --> 0:14:46.120 of Congress, very red district. Now, he's a security he 0:14:46.160 --> 0:14:48.600 has some kind of nebulous security. 0:14:48.840 --> 0:14:51.400 He was a Green Beret. That is national security about it. 0:14:51.880 --> 0:14:54.560 But I'm just saying he has this sort of nebulous security. 0:14:54.680 --> 0:14:59.560 He's not compared to Pete who who is who really 0:14:59.760 --> 0:15:03.240 is as the head of the d D and is 0:15:03.400 --> 0:15:07.520 someone for whom you know his resigning would be a 0:15:07.520 --> 0:15:11.840 big fucking scandal. I think it's a smarter play to 0:15:11.880 --> 0:15:14.680 get rid of Walls, to keep heg Seth if you're 0:15:14.800 --> 0:15:17.600 just sort of trying to do politics. 0:15:16.840 --> 0:15:19.120 One hundred percent. And I'll tell you why I think that. 0:15:19.400 --> 0:15:22.360 And again, I don't think they will formally fire Walls. 0:15:22.480 --> 0:15:24.920 They will he in a few months. He will just 0:15:24.960 --> 0:15:28.240 say I've helped the president make sure that we are 0:15:28.320 --> 0:15:31.600 safer and set our foreign policy on the on the 0:15:31.600 --> 0:15:34.680 best possible pet path, and and now I need to 0:15:34.720 --> 0:15:36.240 go spend more time with my family. 0:15:36.400 --> 0:15:36.640 Yeah. 0:15:36.840 --> 0:15:40.440 And and look, honest to god, most of the press 0:15:40.480 --> 0:15:44.040 will go, yes, he's this is secretly being fired, but 0:15:44.120 --> 0:15:47.400 it won't have the same blow up that Pete Hegseth 0:15:47.440 --> 0:15:47.800 would have. 0:15:47.880 --> 0:15:50.040 And there's a reason Trump won't fire Heseth. 0:15:50.160 --> 0:15:55.200 He's better looking, He's and for Trump, he still sees 0:15:55.520 --> 0:15:57.920 Oh Hegseth goes on TV and says fuck you to 0:15:58.000 --> 0:16:02.000 reporters and that and whereas and I did hear this 0:16:02.080 --> 0:16:06.120 out of somebody close to the Trump organization. He Trump 0:16:06.200 --> 0:16:09.920 flipped his shit when Walls went on Laura Ingram. He 0:16:09.960 --> 0:16:14.400 thought that was a terrible performance. That is very very 0:16:14.440 --> 0:16:15.400 bad for Michael. 0:16:15.560 --> 0:16:19.000 Yeah. Yeah, no Michaelalls. I mean I still think he 0:16:19.440 --> 0:16:22.920 ends up not surviving this. But what that looks like, 0:16:23.000 --> 0:16:27.320 I don't know, but it is. I think it's worths realizing, like, 0:16:27.560 --> 0:16:30.480 this scandal is not about the scandal, right, It's about 0:16:30.520 --> 0:16:34.080 that these guys are not good with data, that these 0:16:34.120 --> 0:16:38.240 guys are not good with keeping secret secure. That these 0:16:38.280 --> 0:16:41.400 guys are and we see hag Seth hired his brother 0:16:42.160 --> 0:16:44.040 and his wife, well. 0:16:43.960 --> 0:16:47.320 His wife has been attending classified security meetings with Pete 0:16:47.320 --> 0:16:50.960 hag Seth. I just I just want to let you 0:16:51.000 --> 0:16:54.320 guys know, having been around the National security apparatus, that's 0:16:54.400 --> 0:16:55.240 fucking insane. 0:16:55.640 --> 0:16:57.120 Yeah, that would be my take. 0:16:57.640 --> 0:16:58.200 Yeah. 0:16:58.480 --> 0:17:01.480 So, I mean, so there's all sorts of nepotism stuff, 0:17:01.480 --> 0:17:05.520 and then there's right, Mike Wallas has an open VENMO, 0:17:05.840 --> 0:17:09.640 so you can see a venmo's with journalists. I guess 0:17:09.880 --> 0:17:15.040 they're just these guys are so incredibly they feel like 0:17:15.160 --> 0:17:16.040 so messy. 0:17:16.440 --> 0:17:19.040 They are the hottest possible mess They are a they 0:17:19.040 --> 0:17:22.640 are a convention of hot messes meeting on the top 0:17:22.680 --> 0:17:26.600 of Burning Tire Mountain. This is this is this White 0:17:26.600 --> 0:17:30.679 House again. If you just if you just watch them 0:17:30.840 --> 0:17:34.359 outside of the Trump matrix for one second. These people 0:17:34.400 --> 0:17:36.879 are over their head. They don't know what they're doing. 0:17:37.160 --> 0:17:41.880 They are they are all engaged in this performative, one 0:17:42.000 --> 0:17:44.760 eye over their shoulder, watching out to make sure that 0:17:45.160 --> 0:17:48.679 Stephen Miller or Donald Trump doesn't get mad at them. Yeah, 0:17:48.720 --> 0:17:52.159 and and none of it's working. Telling people we're not 0:17:52.600 --> 0:17:55.399 seeing the promised piece in Ukraine. In fact, Trump is 0:17:55.440 --> 0:17:58.760 now realizing finally that Putin has been jerking them around. 0:17:59.200 --> 0:18:01.880 We're not seeing economic prosperity. In fact, we're seeing the 0:18:01.920 --> 0:18:02.840 opposite of it. 0:18:03.040 --> 0:18:03.840 Market's crazy. 0:18:04.040 --> 0:18:06.639 Just after we got the markets were like, okay, that 0:18:06.760 --> 0:18:08.119 last tariff thing was the last one. 0:18:08.160 --> 0:18:09.920 Trump's not going to be that stupid shit again. 0:18:10.840 --> 0:18:13.919 And so this on Friday or Thursday, excuse me, of 0:18:14.000 --> 0:18:17.600 last week, he of course goes much further. All that 0:18:17.720 --> 0:18:20.359 is breaking the wrong way for Trump right now. 0:18:20.400 --> 0:18:24.560 And another thing which I think is pretty interesting. So 0:18:24.760 --> 0:18:28.080 he's got the tariffs, he's saying he doesn't care. I mean, 0:18:28.240 --> 0:18:31.520 there's reporting again, who knows if it's true or not 0:18:31.520 --> 0:18:34.560 because it's Trump and everybody leaks and everybody lies, but 0:18:34.960 --> 0:18:39.080 saying that he doesn't care about the tariffs if they're 0:18:39.160 --> 0:18:42.359 unpopular because he doesn't have to run again. Then talking 0:18:42.400 --> 0:18:45.240 about a third term right on television, he says he 0:18:45.480 --> 0:18:47.520 or he says it to Kristen Welker on the phone, 0:18:47.560 --> 0:18:50.080 that maybe he does he's going to run again. But 0:18:50.200 --> 0:18:53.840 the other thing that I think is worth sort of 0:18:54.280 --> 0:18:57.240 doing a minute or two on is that he came 0:18:57.240 --> 0:19:00.920 out and said that maybe he won't do the tax right. 0:19:01.000 --> 0:19:05.000 The whole reason they're very rich people got involved in 0:19:05.119 --> 0:19:09.800 this Trump presidency was because they they didn't want the 0:19:09.840 --> 0:19:13.439 tax cuts to expire. Now he throws out that maybe 0:19:13.520 --> 0:19:17.919 he'll actually let the tax cuts expire because he wants 0:19:18.000 --> 0:19:20.560 to cut taxes on tips. 0:19:21.040 --> 0:19:23.439 So what you're going to end up with is neither 0:19:23.760 --> 0:19:26.360 at this point, and that's a loss for him in 0:19:26.440 --> 0:19:31.160 every direction. First Off, he had a absolute rock solid 0:19:31.280 --> 0:19:35.240 death grip on Wall Street, and he had the folks 0:19:35.240 --> 0:19:37.320 at Goldman, the folks at Blackwrook, the folks at Blacks, 0:19:37.400 --> 0:19:38.439 and the folks at State Street. 0:19:38.520 --> 0:19:40.440 All of these people have for. 0:19:40.400 --> 0:19:42.720 The last two and a half months been working there, 0:19:42.720 --> 0:19:45.399 working overtime, saying, oh the tariffs are just a prank. 0:19:45.440 --> 0:19:47.440 It's just that we're all going to get. Don't worry. 0:19:47.520 --> 0:19:49.880 It's all for the tax cut. It's all to get 0:19:49.960 --> 0:19:53.000 us to the tax cut. Well, now, the tax cut 0:19:53.240 --> 0:19:56.960 is an impossibility if you even if you even if 0:19:56.960 --> 0:20:00.200 you accept the bullshit math that they had out there before, 0:20:00.440 --> 0:20:03.679 it's an impossibility to pass it. If you say that 0:20:03.800 --> 0:20:06.600 we've got so much, so much, such a great deficit 0:20:06.600 --> 0:20:08.640 in all these other things right now, there's no way 0:20:08.680 --> 0:20:11.320 to do this even if you accepted like the goofy 0:20:11.440 --> 0:20:15.040 modeling of oh the trickle down and all the other crap, 0:20:15.240 --> 0:20:18.520 they would say. The Republican conservative fiscals in the House 0:20:18.560 --> 0:20:21.240 are going to say, no, we can't do this. So 0:20:21.520 --> 0:20:24.560 all these people are going to get absolutely fucked on 0:20:24.600 --> 0:20:28.800 Wall Street because they built into all their expectations that 0:20:28.840 --> 0:20:33.159 they were going to get twenty seventeen tax cuts times ten, right, 0:20:33.240 --> 0:20:34.639 and it's just not going to happen. 0:20:34.800 --> 0:20:37.119 The question is will they expire? And remember they have 0:20:37.240 --> 0:20:40.239 burned so much capital on this CR. Right, so there 0:20:40.320 --> 0:20:43.200 was this right, there's cr that they had to pass. 0:20:43.359 --> 0:20:47.359 They basically went around and got everyone except Thomas Massey 0:20:47.440 --> 0:20:51.480 on Born in the in Congress now they have to 0:20:51.640 --> 0:20:55.320 pass the tax cuts. One of the things that we 0:20:55.400 --> 0:20:57.720 remember from TROM one point zero is that they passed 0:20:57.720 --> 0:21:03.760 the tax cuts before they went tariff crazy. So now 0:21:04.040 --> 0:21:07.760 here's a scenario where the tariffs are already choking the 0:21:07.800 --> 0:21:10.199 public market and now they have to try to get 0:21:10.240 --> 0:21:13.320 a tax cut through. I think this is I think 0:21:13.400 --> 0:21:16.520 this is going to be a lot bigger, heavier lift. 0:21:17.000 --> 0:21:19.120 I think it's going to be a I think it's 0:21:19.119 --> 0:21:22.440 going to be a nearly impossible lift for a couple 0:21:22.520 --> 0:21:26.240 of reasons. One, we are almost certainly going to see 0:21:26.440 --> 0:21:29.720 an even smaller majority in the House after next week. 0:21:29.880 --> 0:21:32.000 It looks like we're going to pick up one more seat. 0:21:32.200 --> 0:21:36.520 Well, well, you're talking about Florida seven, Florida six, Florida six, Okay, 0:21:36.680 --> 0:21:40.240 Florida six. You that you can't just like drop that 0:21:40.320 --> 0:21:42.879 into a conversation because Florida. 0:21:43.600 --> 0:21:46.120 I'm not I'm not calling it hard yet. 0:21:46.160 --> 0:21:48.359 Right, but it's an easy call. 0:21:48.560 --> 0:21:50.960 I'm going to say this the signs of panic behind 0:21:51.000 --> 0:21:53.880 the scenes in Florida six, because if there's one thing 0:21:53.920 --> 0:21:57.360 I know, it's the Republican Party of Florida. On Thursday morning, 0:21:58.119 --> 0:22:03.280 they basically told every human being whoever has worked for 0:22:03.400 --> 0:22:06.560 or makes money from the party, you better be in 0:22:06.960 --> 0:22:09.719 Ovido down there in the heart of the district knocking 0:22:09.760 --> 0:22:13.119 doors this weekend. We're keeping track. Also, they were beating 0:22:13.200 --> 0:22:15.119 up every lobbyist that could find. We need a million 0:22:15.160 --> 0:22:16.560